TradingView
FXMindTrix
Nov 16, 2020 3:55 AM

GBPJPY Short Trade Setup - Hidden RSI Bearish Divergence  Short

British Pound/Japanese YenFXCM

Description

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.

FX:GBPJPY
More