FX:GBPNZD   British Pound / New Zealand Dollar
REASONS FOR THE SHORT SETUP!
1) Rising Wedge formation
2) Strong bearish divergence in RSI
3) There is a good Strong momentous Breakout of the wedge pattern
5) Currently on support from where it will bounce to retest the breakout that's where the bears will step in
6) Potential 300 pips setup will update on the retest
7) Trade only possible if i Get a confirmation on retest. Will update with tp and sl on retest

*Not a financial Advice. Follow at your own risk*

Proper money management is the key to success

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.