Opportunity on 4hr GBPJPY to go short.
Reasons for entry:
- Trendline resistance
- RSI near overbought
- Bearish candles
- Overall downtrend
Exit:
Reward:Risk = 3:1
Stop - 178.22
Target - 175.83
Reasons for entry:
- Trendline resistance
- RSI near overbought
- Bearish candles
- Overall downtrend
Exit:
Reward:Risk = 3:1
Stop - 178.22
Target - 175.83