Descending Channel on AUD/NZD @ D1

This descending channel on the D1 chart of AUD/NZD presents an opportunity for a bullish breakout trade. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line. Stop-loss is to be set to the low of the breakout candle (not shown on the chart).

Trade active:

Entry hit today at 12:44 UTC @ 1.08357. SL = 1.07839, TP = 1.09742 (subject to change).

Trade closed: stop reached:

SL hit today at 13:49 UTC.