10.09.2021
GBPJPY
The overall trend is downward. The ascending wave patterns of the H8 and H1 levels are truncated. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overbought conditions.
GBPJPY rate online: monitor the price movement in real time.
Trading idea:
Sell when a descending wave pattern is formed, where the wave (A) breaks through the inclined channel of the ascending truncated pattern.
Stop Loss for the local maximum.
Target levels: 151.00; 149.21
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