Channel trade with continuous buys on every pull back in the channel. Also expect a 3rd squezze towards 0.72 hence the wide stop loss untill that threat (RBNZ Jaw boning, possible rate cuts etc etc) is cleared.
If and when that happens a new channel will form and I will adjust this trade accordingly but for now I will stay bullish on this pair
If and when that happens a new channel will form and I will adjust this trade accordingly but for now I will stay bullish on this pair