Demand On NZDUSD. Long mode.
This trade was based on compression on approach to flag.
Compression pattern seen here. We shall see in the next few weeks if it plays up or down.
Previous breakout in 2013 lasted 7-8weeks. I expect the same for 2014's. 1.27 extension of the wedge as energy is released from this compression pattern.
Just trying to spot the obvious.