NZDUSD - Bearish Flag

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Counter-trend traders do take note, if you are looking for a trend-reversal trade, it might not be the time yet.

What I've spotted is a potential Bearish Flag Pattern, the Flag Pattern confirmation will happen when the candlestick break and close below 0.5560, so I say, "Hold your horses!" Let's see what pans out.

Check out the related ideas at the bottom to access the lower timeframe analysis.