A possible good sell on GBPNZD

Just for a moment, ignore that horizontal level. Why? Because the trendline looks so power on the 1h, 4h, and the daily timeframes.
Now let's come back to the horizontal level which seems to be in jeopardy of being broken out of as we speak. Imagine what if this is one of those fake break outs. If that's true, then the trendline is clearly telling us what could be possible as a good sell trade.
Lastly, successful Forex traders know that nothing in Forex is 100%. The only thing 100% in Forex trading is probability and improbability.
What that means is the trendline may also be broken out of. It may not be broken out of.
The bottom line is this one could be a good sell setup. See how the price behaves when it reaches that trend line, if it does reach there. Especially, on the lower time frames.
And if the price starts respecting that horizontal level, that will of course mean we can short it much earlier than that trendline.
A good hint: On the lower time frame as well, the price must not hover around that trend line for a long time if it has to just kiss that trend line from below and drop down.