Good entry for a riskier short on GBPJPY
The orange line is a weekly resistance!
We can see that price has stopped its bull run after reaching this line.
There is RSI divergence from the last 2 tops
I expect the price to just dump from here, so I put a tight stop. So this is a more risky trade with a bigger RR of 5.2
We can see that price has stopped its bull run after reaching this line.
There is RSI divergence from the last 2 tops
I expect the price to just dump from here, so I put a tight stop. So this is a more risky trade with a bigger RR of 5.2
Catatan
Here is the weekly orange support:Catatan
GBP pairs are at the top of a big range right now, so expecting it to go down from here!Catatan
There was RSI divergence all around on this one with the 1H timeframe :)Catatan
^^ 3 out of 4 would have worked out perfectly
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.