GBPJPY Short/Sell Idea
waiting for a momentum candle close below 138.60 to sell this one
Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Wedge Pattern (in blue)
3- Resistance/Supply zone from Daily (in green)
Three confluences are enough to consider Selling GBPJPY, after a break below 138.60 (in gray)
waiting for a momentum candle close below 138.60 to sell this one
Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Wedge Pattern (in blue)
3- Resistance/Supply zone from Daily (in green)
Three confluences are enough to consider Selling GBPJPY, after a break below 138.60 (in gray)
This analysis is done using RichTL
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal