GBP/JPY BEARISH AB = CD PATTERN Potential Short Opportunity from
Market Structure
Price formed a Higher High (HH) and is now completing a Bearish AB=CD harmonic
pattern
The Potential Reversal Zone (PRZ) has been tapped
RSI shows bearish divergence at the second HH, suggesting weakening bullish
momentum
Technical Details:
Pattern: Bearish AB=CD with clear symmetry
Key zone: PRZ between 198.684 and 199.128
Bearish RSI divergence adds extra confluence
Potential Sell Stop strategy below structure for safer entry confirmation
Bias Bearish (Pattern Completion + Divergence)
Short bias is activated only on the confirmation, either by sell-stop break or strong
rejection candles inside PRZ
If the price breaks above 199.128, the bearish setup is invalidated
Trade Plan
Action Level / Condition
Sell Entry Below 198.684 (Sell Stop Trigger Zone)
Stop Loss Above 199.128 (invalidation of PRZ)
Target 1 198.066
Final Tp 197.564
✅ Wish you best of luck and happy trading!
Price formed a Higher High (HH) and is now completing a Bearish AB=CD harmonic
pattern
The Potential Reversal Zone (PRZ) has been tapped
RSI shows bearish divergence at the second HH, suggesting weakening bullish
momentum
Technical Details:
Pattern: Bearish AB=CD with clear symmetry
Key zone: PRZ between 198.684 and 199.128
Bearish RSI divergence adds extra confluence
Potential Sell Stop strategy below structure for safer entry confirmation
Bias Bearish (Pattern Completion + Divergence)
Short bias is activated only on the confirmation, either by sell-stop break or strong
rejection candles inside PRZ
If the price breaks above 199.128, the bearish setup is invalidated
Trade Plan
Action Level / Condition
Sell Entry Below 198.684 (Sell Stop Trigger Zone)
Stop Loss Above 199.128 (invalidation of PRZ)
Target 1 198.066
Final Tp 197.564
✅ Wish you best of luck and happy trading!
Trade active
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.