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VladimirRibakov

GBPJPY Sell Idea

Short
British Pound / Japanese Yen (FX:GBPJPY)  
VladimirRibakov  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis GBPJPY SELL bearishconvergence falsebreak Trend Line Break
4
0
trendanalysis gbpjpy sell bearishconvergence falsebreak trendlinebreak
W1 - False break of this double wave with bearish divergence. Keep in mind we could still see 160.00 based on the previous bearish special cycle.

H4 - Trend line break, bearish convergence and false break. Until we get any confirmation for bullish momentum, we can start looking for sells.

H1 - Any push towards the top of the pattern shown in the screenshot with bearish divergence to be formed could be a good opportunity for the sells.

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