GBPJPY - Short
Possible 4hr tweezer tops, awaiting candle close.
Previous 1hr candle closed engulfing the last.
15m double top with multiple engulfing candles. Also multiple spikes and rejections on the downtrend-line.
I dont believe it has the momentum needed to engulf and go long after the trendline break so i am short.
High impact news and candle close incoming so time will tell.
Entry: 157
SL: 157.3
TP: 156
RRR: 1/3.3
Likes and Comments / Different views appriciated.
GOOD LUCK 🏆
Previous 1hr candle closed engulfing the last.
15m double top with multiple engulfing candles. Also multiple spikes and rejections on the downtrend-line.
I dont believe it has the momentum needed to engulf and go long after the trendline break so i am short.
High impact news and candle close incoming so time will tell.
Entry: 157
SL: 157.3
TP: 156
RRR: 1/3.3
Likes and Comments / Different views appriciated.
GOOD LUCK 🏆
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