aibek

NZDUSD (kiwi). Very Neat Structure. Sell on break

Short
aibek Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Kiwi has a very neat chart structure with accurate touchpoints within the trend channel.
The structure was broken last month and we have a very healthy pullback after that.
It touched the broken trendline and now heading south.
The structure shaped a bear flag pattern with a target at 0.6710.
Comment:
Zoom view of price action area for comfort
Trade closed manually:
Don't be greedy and book profit )))
Anyway stop is better to be moved to 0.70 and target is 0.6710.
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