FX:NZDUSD   New Zealand Dollar/U.S. Dollar
56 3 1
The current weekly consolidation looks more and more to be over. Price broke the upper range of the channel, went back inside, to finally test back the top of the channel at 0.7200 before retracing.

Plus, this bearish view is in line with fundamentals (US data going back up, risk-off mood related to Brexit).

Stop loss : 0.7315
Target : 0.6015.
this idea ,,i suppose will stay idea .. NU is up .. very up
Reply
i am sorry but this is a crazy idea . The target is ok .. but now is up . This is not a flag
Reply
Well, seems like this "crazy" idea was indeed 18 pips off...
Reply