This will be a massive setup and a great swing trade, looking to go short and hold this trade for a very long time.
This is a great setup and I love to trade an RSI Divergent double top. The EurAud has been forming a long term wedge and has finally failed to reach the top of wedge signalling a movement downwards. The 4hour looks to already be forming a descending triangle, all of this on top of an RSI divergence and retest of that significant long term resistance. Many reasons...