GBPAUD, 4hr tf, double top pattern to materialized

51
Hello my friends,

Another good setup i found today is GBPAUD. It looks like price making a double top pattern.
We already got several confirmation regarding this setup.

1st confirmation is price broken below the neckline
2nd confirmation is price broken below the kumo cloud and the kumo cloud is now red
3rd confirmation is parabolic SAR just recently swithced from below the price to above it

With these 3 confirmations we could set sell position for GBPAUD now

Sell GBPAUD 1.8195
Stop loss 1.8275
Take profit 1 @1.8065
Take profit 3 @1.7955

Use only 1-2% risk
Good luck

Penafian

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