GBP/NZD

73
This is a similar set up to the one I posted recently. we have a descending channel. price is currently on a strong resistance area.
Reasons to consider entering on a sell:
1. Divergence on our RSI
2. Price hit off the trend line
3. market is currently in a downtrend
4. Some form of clear rejection of higher prices is forming

Make sure to do your own research before placing any trades and follow your trading plan and risk management rules.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.