Descending channel - Buy

FX:GBPNZD   British Pound / New Zealand Dollar
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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