opportunity for sell GBPJPY

There has been a trend reversal that has already occurred and has been exploited. However price seems to try to recover from the massive downwards movement that has occurred. How we believe the price is still going to go down, we tend to believe the trend is your friend. And we justify our order by a pattern of Double top that has occurred. Sell stop GBPJPY.

Trade closed: stop reached:

The trade has triggered and has unfortunately hit our stoploss but it is still on the lookout because it is playing around that zone.