GBPNZD A horizontal Flag

OANDA:GBPNZD   British Pound / New Zealand Dollar
We're preapearing for shorts if the flag is broken downside. We don't have any intention to buy if broken upside.

Like and comment if you find value in our analysis.

Feel free to post your ideas and questions at the comments section.

Good luck


- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.

Best Regards.
Trade closed: target reached: First target hit, we're done for the week


Stop above previous highs ??
FXTurkey wallychops
@wallychops, that would be too wide, will ruin your risk/reward. Try better entry and tighter stop loss if possible.
wallychops wallychops
👍 thanks
neat technical summary and great chart. looking good!
Great analysis!
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