GBPJPY Sell Idea
D1 - We are following big trend line. Potential double wave forming, which could provide down moves to fibo levels.
H4 - Price broke the uptrend line.
H1 - Bearish divergence. We can go short if we get a valid breakout of the most recent trend line.
Conservative Approach - Wait for the break of the most recent low.
The zone highlighted in the screenshot at the top is the invalidation zone.
H4 - Price broke the uptrend line.
H1 - Bearish divergence. We can go short if we get a valid breakout of the most recent trend line.
Conservative Approach - Wait for the break of the most recent low.
The zone highlighted in the screenshot at the top is the invalidation zone.
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