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asadiii

GBPJPY in Reversal Mode

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
asadiii  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns
2
0
trendanalysis harmonicpatterns chartpattern
After printing HH and HL on bullish trend on 1H Time Frame.
A significant bearish divergence is visible on the RSI indicating the beginning of a bearish trend. and Reversal Rising Wedge is also forming on the top.
Trading Plan is sell stop should be place at the last HL and wait for the breakout of the HL.
Stop loss should be placed on the HH.
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