A SurpriseBox near the 100 sma and 200 sma was formed on the Aud/Nzd eight hour chart. This box broke to the upside over a week ago with a gap. A target of 1.3400 was established. This target had been reached. Bad that fundamentals included human loss but this trade was placed before this natural disaster. I had exited my position halfway to the target (at the end of last week) and never re-engaged. My heart goes to the New Zealanders.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations.
