stocktrader15
Short

Possible GJ short for monday!

FX:GBPJPY   British Pound / Japanese Yen
200 3 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 :)