Australian Dollar / U.S. Dollar
Short
Updated

AUDUSD Sell; Double Top on Big Timeframe

254
AUDUSD Sell

Double Top on 12H chart and Divergence in momentum; (The pattern wiil be confirmed once price breaks the neckline)

Possible 6 to 8% dump in coming weeks

You can wait for the neckline breakout to enter this trade.
Note
Refer to this Educational Post;
Double Top a bearish reversal pattern
Note
Stay Tuned; 👍
Note
It became invalid! Trade idea failed.

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.