bullish flag pattern and trend continuation for FX:GBPNZD by VasilyTrader

bullish flag pattern and trend continuation

hey guys,

on pound dollar we have a very interesting sentiment to be focused on,
on a 4h chart you can notice that the market has recently established new higher high higher close
violating a previous high 1.94

now we see how the market coils in a falling channel,
for us, it is very nice opportunity to catch a trend continuation trade.

I will be looking for a bullish violation of a flag pattern to buy the market.
the initial target is around 1.96 and based on structure.

good luck!

Note

Bullish breakout

Note

Going up

VasilyTrader

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