Double Top Spotted on GBPJPY with Bearish Divergence....
Double Top Spotted on GBPJPY with Bearish Divergence....
Bearish divergence spotted with double top. First LH & LL are formed, I can see a retracement on fib 0.5 level which creates the second LH.
Will place a sell stop order under the LL to be on safe side.
Sell Stop: 188.170
Stop Loss: 189.872
TP1: 186.510
TP2: 184.807
Bearish divergence spotted with double top. First LH & LL are formed, I can see a retracement on fib 0.5 level which creates the second LH.
Will place a sell stop order under the LL to be on safe side.
Sell Stop: 188.170
Stop Loss: 189.872
TP1: 186.510
TP2: 184.807