GBPJPY, 2hr tf, double top pattern to materialize
Hello my friends,
Another setup for today is GBPJPY.
It is very clear that a double top pattern formed so we will sell this pair.
The neckline already broken with a solid close below it and this upwards movement is only a retest in my opinion.
Sell GBPJPY 139.15
Stop loss 139.45
Take profit 138.25 (3R)
RR Ratio 1 : 3
Use only 1-2% risk
Good luck
Disclaimer : I am holding GBPJPY sell position from 139.15
Another setup for today is GBPJPY.
It is very clear that a double top pattern formed so we will sell this pair.
The neckline already broken with a solid close below it and this upwards movement is only a retest in my opinion.
Sell GBPJPY 139.15
Stop loss 139.45
Take profit 138.25 (3R)
RR Ratio 1 : 3
Use only 1-2% risk
Good luck
Disclaimer : I am holding GBPJPY sell position from 139.15
