GBPAUD | Double Top + Retracement
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On monthly chart we have price formed the Double Top pattern + retraced of the resistance trendline of the Symmetrical Triangle. We can initiate a short position with Stop-loss inside of the Resistance zone
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
On monthly chart we have price formed the Double Top pattern + retraced of the resistance trendline of the Symmetrical Triangle. We can initiate a short position with Stop-loss inside of the Resistance zone
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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