gbpjpy possible short
-s/r line hit
-price is trading between 20/50 ema
-price is close to the upper trendline
-at 23.60% fib from beginning of the down move
-the volume was recently higher when the price was going down
-stochastic overbought
-adx not very weak in favour of downtrend on h1
-cci above 100
warning signs:
-some divergence on rsi and macd
-close to weekly support trendline
-s/r line hit
-price is trading between 20/50 ema
-price is close to the upper trendline
-at 23.60% fib from beginning of the down move
-the volume was recently higher when the price was going down
-stochastic overbought
-adx not very weak in favour of downtrend on h1
-cci above 100
warning signs:
-some divergence on rsi and macd
-close to weekly support trendline