GBPJPY King's Crown formation pattern. We are ready for another sell. Price fell last week from the right tip and we had a retest of the right tip @ 137.16.
1. Broken Up trend line 2. Lower Low Created 3. Right Tip hit at Resistance level 4. RSI in sell zone
Look to sell @ 136.70 area
TP 1 @ 135.57 TP 2 @ 133.54
Good luck and let me know if there are any questions.
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