GBPCHF: Classic Double Top Trade
GBPCHF is retesting a strong 4H resistance cluster.
within that, the price has formed a double top formation.
taking into consideration a local bearish trend, chances are high that the price will drop.
to short that zone wisely, wait for 1H candle close below 1.2053 level.
then short aggressively or on a retest.
the first goal will be 1.2024
if the market sets a new higher high, the setup will be invalid.
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