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razeswag77

GJ (GBP/JPY) Double tops and divergence

Short
British Pound / Japanese Yen (FX:GBPJPY)  
razeswag77  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators GBPJPY japaneseyen yen sterlingyen poundyen dax30 JXY DAX Index yenpairs
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trendanalysis chartpattern indicator gbpjpy japaneseyen yen sterlingyen poundyen dax30 jxy dax yenpairs
  • GJ (GBP/JPY) formed Double tops and divergence in my macz-vwap and daily chart, DeMarker and CCI's is highly overbought showing for trend reversal.
    Momentum squeeze and Momentum stochastic is beginning for the bear candle-stick expected to bounce below mtf ema again.
    Look at day's range and wait for ema to be above you rsi line for a good entry and confimation. DAX is beginning the bearish-trend while JXY is beginning for the bull-run.

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