Go short GBPJPY on double top & momentum/price divergence
1. KD + double top & break of the structure (through the purple line).
2. Price back in the channel & retesting broken structure resistance at the moment.
3. Missed daily pivot at 192.70.
Go short targeting missed daily pivot or 50-61.8% fib retracement of the recent impulse up.
SL goes above the recent highs.
It's counter trend trade so be carefull...
2. Price back in the channel & retesting broken structure resistance at the moment.
3. Missed daily pivot at 192.70.
Go short targeting missed daily pivot or 50-61.8% fib retracement of the recent impulse up.
SL goes above the recent highs.
It's counter trend trade so be carefull...
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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.