GBPJPY Big Short
GBPJPY has just completed the XABCD Pattern at the strong Support\resistance which is respected many times in past on Daily Time Frame.
There are many reason for short.
1. Bearish Divergence Detected in the RSI (as shown with the RED declining line.
2. Its a very Strong Support\Resistance Level.
3. Its has completed Bearish Shark Patern also with the XABCD Pattern.
For Me its a Big short
Please hit like and follow me for new ideas on Harmonic\Wolfe waves and Elliot waves on different pairs.
There are many reason for short.
1. Bearish Divergence Detected in the RSI (as shown with the RED declining line.
2. Its a very Strong Support\Resistance Level.
3. Its has completed Bearish Shark Patern also with the XABCD Pattern.
For Me its a Big short
Please hit like and follow me for new ideas on Harmonic\Wolfe waves and Elliot waves on different pairs.
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