Double top H4 GBPJPY

As you can see a double top formed on a 4H TF

We have to wait and see if price resists or break above the A.O.I "Area Of Interest".

Scenario 1
If price breaks above the "A.O.I" level the double top pattern is invalid and price could form a Triple top

Scenario 2
If price resist the "A.O.I" level then we have to wait for price to reach the neckline for a clear Sell position
4h4hrchartChart PatternsdoubleGBPJPYHTFhtfanalysispatternshortTOP

Also on:

Disclaimer