Possible short opportunity on GBPJPY because...
1. The liquidity pool above 158.000 has been hit.
2. A double top pattern has emerged.
3. RSI shows that it has been overbought.
TP 1: 156.500
TP 2: 155.500
SL: 158.350, above the institutional candle.
*NOT 158.200*
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.