Inverse Cup & Handle

KUNAL KAMBLE
GBPNZD
·
Dec 22 2022
snapshot
Selling opportunity in the Pair.

The Security is forming a Inverse Cup and Handle Pattern . A breakout of the Inverse Cup and Handle would be an opportunity to enter a short position in the pair.
The security is trading below the EMA and the RSI is supporting to move. Security closing below the support would be an opportunity to enter.

Advice : Sell after breakout.