Now, the price reached the resistance, went overbought and now is retracing, i would like to see a test the .7208 level again making a . But also an is possible and that could be our excuse to enter and have extended targets, very extended targets.
So IF the price creates an THEN i'll have my first targets where the should be and my second targets in the 0.7075 level and i would not move my stop. IF i'm stopped out on that trade because of a spike THEN i would look for the to form. IF there is a with divergence THEN i would enter next bar market, with a first target at the 0.7171 level and a second one at 0.7075
Now, IF the double top is not invalidated THEN i'll enter at next bar market.
Win or loss this is a GOOD trade
TRADE YOUR PLAN!