Daily chart bearish flag

Dec 9, 2016

The October fakeout has brought this pair back to reality. We now have a nice bearish flag consolidating below major resistance. Straight forward but as always trade with care!

Dec 19, 2016

Trade closed: target reached

Taking half profits here. Look for 0.71450 area on 2nd half. Move stop to break even. Well done all!

Jan 9, 2017

Note

For those that are still in this make sure you have a break even in place. You should have at least bagged the first 1/2 and if you were inpatient like me the 1/2 was also taken near 0.71450. Cheers!