GBPNZD Sell Opportunity

FX:GBPNZD   British Pound / New Zealand Dollar
The price is at the support zone formed by the uptrend line, Senkou B and 1.92000 support level . If the price breaks this zone, it will be a trend reversal signal and a new sell opportunity. Entry level is 1.91800 with stop orders above the previous swing high at 1.94200 level. Profit targets are 1.90000 and 1.88000 support levels.
Trade closed: target reached
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@DLavrov - It did hit the target, now it's at top of the channel again, can we short again?
now we have a bullish divergence. Does it mean we are going back to the top or is it just temporary?
DLavrov ZgarniamHajs
@ZgarniamHajs, where you can see the bullish divergence?
@DLavrov, On the hourly chart
@DLavrov, It must be temporary because I don't see it anymore :D
@DLavrov, I still can see the probability of a bullish divergence forming right now on 1h chart
GBPNZD is in a range on daily chart. Otherwise bulls are still in control. Will have to wait for a bears to come in.
DLavrov ZenMasterFX
@ZenMasterFX, that's why I use a breakout below the strong support zone as a signal for selling.
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