Flags, Pennants - my interpretation

rsd886647

Active member
Mar 24, 2009
205
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#31
Edge is present here - GBPNZD

I haven't picked particularly good setups lately, but this one fits my plan and I'm more confident about it than any I've taken recently. It is important to be patient for signals that fit rather than trade sub-par signals, and I am trying to improve in this regard. You can see from a past gbpusd trade how when price makes a new high it often pulls back to the most recent high which can be lower down.
 

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