GBPUSD formed the double top
There is a double top formed at 1.4136
GBP filled the gap and went down
The last 4 hour pin bar tells us it is still a bearish trend
Short the sterling if this 4 hour candle doesn't break the the neckline
SL: 1.42
TP: 1.4010/1.3810
GBP filled the gap and went down
The last 4 hour pin bar tells us it is still a bearish trend
Short the sterling if this 4 hour candle doesn't break the the neckline
SL: 1.42
TP: 1.4010/1.3810
Trade active
Note
First target hits. We have over 100 pips.We can take some profit, and move the SL to the entry,
Because it has a AB=CD pattern now
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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.
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.