stocktrader15

Possible GJ short for monday!

Short
FX:GBPJPY   British Pound / Japanese Yen
8
Divergence in multiple indicators, A-E complete in ascending wedge after bullish impulse leg. I used the .618 point on a retracement of the 3rd leg and structure to find my first TP as recommended for this pattern type. I mostly used structure for my second TP but I did keep that 1,272 in mind while picking a specific price to place it. Good Luck, hopefully we do not get any big gaps :)
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