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jetly232

Descending channel - Buy

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
jetly232 Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
Long term trend - Short
Nature - Corrective phase
Pattern - Descending channel
Stoploss - 30 pips
Risk: Reward - 1:2

Descending channel is highly suggestive of a reversal in trend to Long.
Trade active
Trade closed: target reached:
TP target reached
Banked 2.36% profit
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