Bearish Divergence Example On GBPJPY

In this bearish divergence example on GBPJPY you can see the price rising on the 15 minute chart while the MACD slow and fast lines are decreasing. After that you can see the momentum on the MACD formed a bearish cross as the fast line fell below the slow line, after that there was a strong 70 pip decline.
Beyond Technical AnalysisChart PatternsDivergenceeducationGBPJPYTechnical Indicators

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