GBP/JPY Reversal pattern will Change the Direction Of The Pair

٧ مارس

After moving to the upside for very long time on all time frames, we are witnessing a great reversal pattern on this pair referring to a big change in the main direction of this pair.
the pattern is double top on the 4 hours timeframe.
we can enter a sell trade on this pair directly or we can wait for a little re-tracment and retest of the neckline, from there we can enter a sell trade and our target will be around 200 to 250 pips.