After the breakout of the flag pattern, a buy signal could be generated on the pullback to the pattern around 71 75 to make a profit as this pattern suggests the Aussie dollar will rise to 72.05. So on a trade of 71.95 I will close this trade with a tight stop loss in order to lock in any profit as it goes to 72+
Disclaimer: This is not trade advise! No liability will be accepted for your trading losses! RaSantana's ideas or publications are meant for educational purposes only, and are given in good faith! If you are unsure or have any doubts about your actions, you should seek advise from an investment advisor! It must be realised that I am a human and as such, even I can make mistakes! :) Errors in judgememt and misinterpretations can and will occur, so trade at your own risk! I hope that you will find some of my ideas useful, and if you like them I would encourage you to click the LIKE symbol. Wishing you all the best of luck in your trading and investment activities!
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