AUDUSD60 Flag

Updated
Price has broken the 200EMA, retraced and continued to be bearish. A short flag has set up and we are now awaiting breakout. Very nice potential Risk/Reward.

Shown to me by wstipp18
Note
Updated flag to follow retracement more correctly. New RR 3.25
Trade active
Entered the trade
Trade closed: target reached
Closed the trade now ahead of NFP, nice 2.1% gain on that trade (1% risk)

Disclaimer