GBPJPY 5 MIN ASCENDING CHANNEL SHORT
Following a strong bullish run this morning, we have hit a major level of structure and as a result seen recent deceleration as we approach the resistance level.
The market has shown an ascending channel with bearish divergence on the RSI.
Target would be at the start of the channel with stops an atr above the highest high.
Good luck!
The market has shown an ascending channel with bearish divergence on the RSI.
Target would be at the start of the channel with stops an atr above the highest high.
Good luck!