Double top on 1hr, at resistance for FX:GBPJPY by faddy

trendanalysis chartpattern gjshort doubletop resistence drop

GJ has formed a double top structure on the 1hr chart at resistance @ 168.580. If the current stick closes red we going down. Confirming the earlier analysis of 4hr double top and retest under resistance. Just observe the trade and see. Price always returns to the 200ema(white), lets test the theory, maybe today or tomorrow we should get there

P.S GJ is Bae

Trade active:

Magic lol. We had a 50pip drop, having some retrace,but we should get more sells through tomorrow and Friday

Comment:

GJ and GU are naughty today lol... You win some, you lose some, but looks like we could keep going down? lol Im out until tomorrow, time to lick my wounds..Most days we take the market makers' money, and some days he screws us and comes back to entry just to show us whose boss lmao

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