hello trader. Today we have a sell setup on the gbpjpy. Price recently broke out from a strong weekly descending trendline an formed an uptrend, the price is now currently at a major weekly resistance and price has now formed a harami [ inside bar] pattern. we expect to see a drop in price.
Entry 153.225
Stop loss 154.176
Take profit 149.525
This is a very volatile pair that moves, so use good risk management. goodluck!