FOREXN1

GBPJPY:Double TOP PATTERN on resistance area FIBO 61.8% SHORT

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FX:GBPJPY   ポンド/円
As predicted in the previous Idea GBP/JPY it's inside a Bearish momentum where we can see the price make Lower High and Low. The price retested a Resistance area already drawn before in confluence with the levels of Fibonacci 50 and 61.8% this sign already made our Vision more strong also with the stochastic clue, the value seems ready to perform from Overbought to range area. We will see if also the RSI will come on the bearish side, everything seems to be going in this direction. Not least, today the price seems to form a Double TOP pattern.
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