GBP NZD is preparing his decline

FX:GBPNZD   British Pound / New Zealand Dollar
Many tecnical factors wich give us a confluence zone :
- 50% Fibonacci retracement
- Channel resistance
- Fibonacci simetry pattern
- 1.81 Round number.
possible to make double bottom and up?
Of course anything in possible. But because the trend is BEARISH, I like to stack odds in my favor and trade only in the direction of the trend. If the price rise above 1.8100 then our Lower High will be inexistent and setup should be avoided.
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