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.
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Zoom view of price action area for comfort
Trade fermée manuellement
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Don't be greedy and book profit ))) Anyway stop is better to be moved to 0.70 and target is 0.6710.