Swerver

GBPJPY - Pot Bearish entry - Next week - 4HR

Short
FX:GBPJPY   British Pound / Japanese Yen
286 views
10
Look to be setting up for a correction
We have Full Pattern Divergence. and DIV since RSI has been in the Overbought state until now on the 4HR.
Something to review Monday so just noting this on a chart next week.

Trade active: Nice patterns in play on the smaller 5, 15 and 30 min time frames, all Diverging entries.
Looks a completed wave 3 top on the 4HR
Long and short term
Trade active: If you are looking for a second entry, we have a nice flag setting up.
If you are longer term can quite possibly purchase @ market. with an SL above high
Trade closed: target reached: TP1 382 retrace complete.
B point and 618 TP2 and 3 still active.

Comments

@Swerver Thank you, still waiting next monday review
Reply
Swerver xciting
@xciting, Did you trade this? not a bad return :)
Reply
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