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GBP JPY - Short Flashcard

Short
FX:GBPJPY   British Pound / Japanese Yen
GBP JPY - Short Flashcard
- Pair presented with double top formation early London session
- First leg of formation presented with a hook into volatility bands with RSI cross under Signal line
- Second leg presented with evening star pattern with close below 13 ema and divergence
- Profit taken @ RSI signal line cross / RSI hook into volatility bands near 32
- TP 2 @ 800 ema not acheived exit signal came early
- Market baseline began curving down / flattening during formation
- No draw-down
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