Trend continuation setup - GBPJPY formed a bear flag

Hi pros!

the plan is to :

Find a first entry in lower TF

then when price break and pullback reshort

aim for 0.618 first and look at price reaction on this zone if it can break the low the bear flag will be validated so third entry

Trade ist aktiv:

Kommentar:

the bear flag is kind of approved by the stoch divergence
entry is safe from here , we'll just have multiple entries and some doubt on the 0.618 that's why I tell you to be cautious with the target of the first arrow

Kommentar:

my sl is at 133 , make the chart fast and added some pips without looking

Trade geschlossen: Stop wurde erreicht