GBPJPY (1Hour):Will the bears finally manage to gain momentum???

Greetings pip hunters, i would like to share this idea with you and hear your views on this idea, enjoy!!!

Reward: 801pips🤑
Risk: Dependent on personal risk appetite❌
Risk/Reward Ratio: 7.7✅

Chart Breakdown:

• Daily: Price is currently at a significant resistance level that is currently being respected
• 1 Hour: An uptrend is in place, indicated buy the higher-highs and higher-lows but there is a double top formation signaling a change in trend should price close below the neckline.
  I will be waiting for price to retest the broken neckline and form a bearish reversal candlestick to confirm a sell entry.
  

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DR.Swing_Forex