A SurpriseBox near the 50 sma was formed on the Gbp/Nzd three, four and eight hour charts. This box broke to the upside yesturday. A target of 1.1750 was recent high. This target had been reached. This trade was not previously published.
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.
