Nice small divergence and rejection of upper Bollinger bands Short

British Pound/New Zealand DollarFXCM

Description

⋅ Sep 4, 2016 9:13 AM

On GBPNZD we had a small divergence on the RSI and price was rejected of the upper Bollinger bands with a long upside whick.
Looks very probable that we will break the big trendline downwards soon.

Comment

⋅ Sep 7, 2016 7:29 PM

Look at that curve! Nicely hit the target!