Get started
FXMindTrix

GBPJPY Short Trade Setup - Hidden RSI Bearish Divergence

Short
British Pound / Japanese Yen (FX:GBPJPY)  
FXMindTrix  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis forexsignals
1
0
trendanalysis forexsignals
It looks like the short term bearish trend on the GBP/JPY currency pair is going to continue south. In order to take opportunity of this situation, I've just placed a short trade on the currency pair after identifying a hidden RSI bearish divergence(which is usually a trend continuation trade setup) with a risk to reward ratio of 1:2.

GBPJPY

Related Ideas

FXMindTrix
GBPJPY Short Trade Setup - Hidden RSI Bearish Divergence
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.