0212119-021219 AUDUSD PROFIT

PATTERN FORMATION

As you can see, a typical pattern is formed. I was a little bit concerned by the size of the pattern vis a vis the average size of the waves. 

TRADE

The trade went without a hitch. But like I mentioned, I was a bit concerned about the pattern size and another protruding candle at the end of the pattern. Also I was a bit concerned about the non resolution of my earlier USDCAD trade position. So I put only 0.02 lots, which was not a good decision in the hindsight.