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TradeYodha

Possible GBPJPY Bearish Cypher Pattern (Fib, rsi, sma)

Short
British Pound / Japanese Yen (FX:GBPJPY)  
TradeYodha  
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY gbpjpyshort Cypher Bearish Patterns
2
2
gbpjpy gbpjpyshort cypherpattern bearish
@TradeYodha
TradeYodha.com
(Just my ideas, do you own analysis)

Possible GBPJPY 4H Short Opportunity

1. Clear Cypher Pattern
2. RSI reaching overbought level soon
3. 10 SMA and 50 SMA are lagging
4. Must wait for a confirmation (double top and/or bearish rsi divergence) before going short
5. Can take 2 targets close to 10 and 50 SMA
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