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British Pound / New Zealand Dollar
Short

GBPNZD Head and Shoulders + Broken Neckline, RSI Divergence

422
GBPNZD has formed a head and shoulders reversal pattern with a broken neckline to confirm the counter trend trade.

I expect the pair to continue down to at least the .382 retracement level, if not further to the .5 retracement level.
AidanMDang
Also on:
DivergenceFibonacciGBPGBPNZDHead and ShouldersTechnical IndicatorsNZDRelative Strength Index (RSI)

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DivergenceFibonacciGBPGBPNZDHead and ShouldersTechnical IndicatorsNZDRelative Strength Index (RSI)
AidanMDang
Also on:

Related publications

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.