AUDUSD: The double top candlestick pattern...
The double top candlestick pattern is great for identifying bullish exhaustion and market tops.
You can see on the chart above, after a long really this market double topped AT 4H TIME FRAME.....and we waiting for price to break the neckline and we can still sell after the break............, which will result to a very profitable bearish trade.
Signal Specification
Entry: 0.68474
Pending Entry: 0.68511
Tp: 0.67444
Sl: 0.68965
R/R: 2:1
You can see on the chart above, after a long really this market double topped AT 4H TIME FRAME.....and we waiting for price to break the neckline and we can still sell after the break............, which will result to a very profitable bearish trade.
Signal Specification
Entry: 0.68474
Pending Entry: 0.68511
Tp: 0.67444
Sl: 0.68965
R/R: 2:1
Trade closed: stop reached
Price came down to our neckline and did not breakout.....
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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.