QuileHills

GBPJPY Divergence + Channel Resistance

Short
FX:GBPJPY   British Pound / Japanese Yen
15
I've been anticipating this point for this pair for a while now.

It's finally reached my Channel resistance point while also showing bearish divergence on the 4H and 1H RSI. I have a Sell Stop order pending with an entry as shown. My TP will be near the channel support (Yellow Line).

Total R:R of position shown: 4.78

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