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Pika7993

Sell off Scalp

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
Pika7993  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Technical Indicators Chart Patterns Moving Average Convergence / Divergence (MACD) Relative Strength Index (RSI) GBPNZD support Support and Resistance scalp
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trendanalysis indicator chartpattern macd relativestrengthindex gbpnzd support supportandresistance scalp
We see continued rejection around 1.92800. Indicators are checking off for a sell off too next support line at 1.91100.

MACD/SIGNAL have made a cross and are near 0 line breach. RSI is heading further into oversold zone. Overall strength and sentiment is in seller control as we are entering a crucial trading time zone (2am-3am) where we generally see big movement.

TP at support line with stop loss above current rejection line.

Please comment with thoughts and ideas. Thank you.
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