FullTimeTrader

GBPNZD-double top with divergence at key level

Short
FX:GBPNZD   British Pound / New Zealand Dollar
23
Last structure is clearly corrective, choppy and overlapping, so we should expect a further decline.
Its tricky to find and entry point but i do not want to miss this trade.
We have a double top with bearish divergence at strong level of S/R. Price is showing signs of exhaustion.
SL and targets on chart.
Happy weekend.


*****************DISCLAMER********************************************************************
Always do your own analysis and plan before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
Follow me on Twitter for updates: @fxtrader2000

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.