Double Top on AUD/NZD @ H4

This double top pattern on 4-hourly chart of AUD/NZD gives an opportunity for a bearish breakout trade. The pattern's tops and neckline are marked with the yellow lines. My potential entry level - the cyan line. My potential take-profit level - the green line. Stop-loss is to be set to the high of the breakout bar (not shown).

More information, chart template, and a free expert advisor to automatically trade this pattern - on www.earnforex.com/bl...ble-top-on-h4-chart/

Trade active:

Entered short @ 1.05944 at 13:53 UTC. SL=1.06413, TP=1.04675.

Trade closed: target reached:

TP @ 1.05041 reached at 4:29 UTC. Actual TP was higher than original due to spread widening.