GBPJPY bearish trend
GBPJPY trading setup 🧑🏻💻
📍Technical Analysis
9/26/2021
TF: H4
1. MACD Hidden bearish divergence
2. Also Rsi Hidden bearish divergence
3. If GBPJPY cannot break above upper trendline, looking for short positioning
4. 149.938 is my first take profit target, second is 149.241 around downtrend and support line
5. If GBPJPY cannot hold above 50/100 days EMA line on TF day. It is completely downtrend.
📍Technical Analysis
9/26/2021
TF: H4
1. MACD Hidden bearish divergence
2. Also Rsi Hidden bearish divergence
3. If GBPJPY cannot break above upper trendline, looking for short positioning
4. 149.938 is my first take profit target, second is 149.241 around downtrend and support line
5. If GBPJPY cannot hold above 50/100 days EMA line on TF day. It is completely downtrend.
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