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May 1, 2019 10:49 PM

Short GBP/NZD Pullback, RSI Overbought Short

British Pound/New Zealand DollarFXCM

Description

Now's looking like a good time to short the GBP/NZD pair as RSI (14) is indicating an overbought signal which confirms a pullback is bound to happen. Price should drop back to previous structure or even the tested trendline so we'll keep an eye out on these zones.

Trade Details :

SL : 1.9755
TP 1 : 1.9600
TP 2 : 1.9440

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Trade closed: stop reached

SL hit at -60 pips.
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