AUD/USD Bull flag 1 hour
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Bull flag: Active
Last 0.70181, 16% of the way to target (target is 0.32% from confirmation).
What this tells you
A sharp rise followed by a small pullback; a break above the consolidation usually means the uptrend resumes.
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Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| Pole base | Nov 04, 11:00 | 0.69536 |
| Pole top | Nov 04, 18:00 | 0.70222 |
| Pullback low | Nov 05, 06:00 | 0.69964 |
| Confirmation | Nov 05, 09:00 | 0.70145 |
Recently closed Bull flag patterns: 18 in total, 8 reached the target first (44%), 10 were invalidated and 0 expired. Results by pattern →
Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.
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