GBPUSD Forming A Double Top - SHORT!
Price did not pullback all the way to H1 Supply. The momentum to the downside is strong. But if you missed the initial move do not fret. I see a double top forming and estimated targets will be in an MRA zone.
Wait for the break of neckline (that H4 watchzone/demand), a pullback and a confirming bearish candlestick and then short.
Remember, no confirmation, no trade.
All the best :)
Wait for the break of neckline (that H4 watchzone/demand), a pullback and a confirming bearish candlestick and then short.
Remember, no confirmation, no trade.
All the best :)