Short GBPJPY idea and breakdown
Horizontal channel. Descending momentum on the RSI. 15min valid double top with divergence on the RSI at the previous structure high of the channel giving an entry signal into a short position.
Stop Loss features: 1H ATR, 170.00 + 170.500 psychological numbers along with previous resistance structure.
Take Profit: Previous outside return and slightly about the 168.500 psychological number.
Stop Loss features: 1H ATR, 170.00 + 170.500 psychological numbers along with previous resistance structure.
Take Profit: Previous outside return and slightly about the 168.500 psychological number.
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