Euro / NZD – Long Flat pattern continuation

FLAG pattern , pulled back to 50% of the pole, wait for a breakout from the flat, pullback and hold, with the second pullback, then it should rocket away with strength to the full length of the flag pole, and up to recent highs.

Flags are continuation pattern, we are in an uptrend, flags can still fail, wait for the breakout and confirmation before entering the trade.

By admin