GBPJPY Analysis
Possible short opportunity especially for the scalpers. Looks like the pair made a double top which can be seen on the 4H TF and also we can see RSI divergence. The conservative traders can wait for a break-below the neckline to go short. The aggressive ones, well, you know what to do.
When you go down to the M30 TF, you can also see triple inside bars which also suggests the pair is consolidating waiting for a further drop to test the next support level (which can be seen in the redline in this picture)
When you go down to the M30 TF, you can also see triple inside bars which also suggests the pair is consolidating waiting for a further drop to test the next support level (which can be seen in the redline in this picture)
Feragatname
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