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wasiheider

AUDCHF Bull Flag on 4h Chart - Buy on Breakout or Retracement

Long
Australian Dollar / Swiss Franc (OANDA:AUDCHF)  
wasiheider  
OANDA:AUDCHF   Australian Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns
0
1
trendanalysis harmonicpatterns chartpattern
AUDCHF 4 Hour Chart Trading in Bullish Trend
Formed a Bull Flag, confirmation on break of
0.58300. Ideal to play on break of that area

Risky Trade (Flag pole high is not broken)
Buy Limit set on retracement to 9 EMA
SL set below the Flag low
TPs set based on the projection of flag pattern
breakout
1:2 Trade
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