GBPAUD 08-13 Week Analysis [November] - Double Tops for a Short?

Here we can see double top which may lead to a ~100 pip short once the price falls below the neckline which is also very much in line with the 50% Fibs. Good Luck and feedback?

Dagangan aktif:

So far the PA has ignored the double top movement dropping only slightly below the 50% Fibs neckline. There still might be some an opportunity for a short if PA returns to the neckline.

Dagangan ditutup: sasaran tercapai:

Trade closed. This has been a bit of an experience waiting for the PA to follow suite. It eventually did and fell hard.