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GBPUSD: Double Top Divergence
British Pound / U.S. Dollar
Short
GBPUSD: Double Top Divergence
By KarYong
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Updated
Nov 3, 2015
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Nov 2, 2015
Price is currently forming a double top divergence setup. We would like to a confirmation of the setup with a break of the 1.5415 level.
Aggressive traders can short the breakout towards the 1.5330 region; while more conservative traders can wait for a 2618 setup.
In addition, we have some valid bearish setups on H4 too.
Nov 3, 2015
Trade active
2618 Trade
Divergence
Double Top
FXP
GBPUSD
KarYong
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