170909-170909 audusd PROFIT

AUDUSD Hourly Formation

As you can see, this formation is not typical, but it has all the necessary elements, first short up leg, a curving down leg and a second longer curving last up leg.

AUDUSD Hourly Take profit

As you can see, I entered the 0.01 lot first entry, quite late, just before the 168 level. So I put a limit sell order for another 0.01 lot at 100% which got filled. So the effective lot size was 0.02. Though the trade hit TP, I kept TP quite conservatively. Could have kept it a little bit lower, nearer to the 261