Maybe a little ahead of myself in this idea - but predicting a fall to break the channel and testing the support lines. Whilst on the lookout, seeing if price action shows me otherwise.
Bearish Divergence noted Volumes decreasing with prices increasing
Eventually it will come back to earth. Potential double top. Any price increase above the 1st peak will potentially result in bearish divergence. Lets see what happens. Until then, trading the waves watching for any break of the supporting trend line.
Idea: Immediate: Long Eventual: Short Another Divergence noted.
GBPJPY 15 mins Divergence Could be a small movement coming soon
I'm a n00b so correct me if I am wrong please, but a potential Gartley forming. Short at 0.786 Fib ($0.86172) Cheers