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razeswag77
Sep 11, 2018 9:59 AM

GJ (GBP/JPY) Double tops and divergence  Short

British Pound/Japanese YenFXCM

Description

  • 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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