British Pound / Australian Dollar
Long
Updated

Bullish Flag on GBP/AUD @ D1

240
A bullish flag has formed on the D1 chart of GBP/AUD. It offers a buy breakout opportunity for trading. The flag's borders and its pole are marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the low of the breakout candle (not shown on the chart).
Order cancelled
Setup cancelled due to the pattern invalidation.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.