The double top pattern on the daily chart of AUD/USD provides a trading opportunity upon a confirmed bearish breakout. The pattern's tops and neckline are marked with the yellow lines. My potential entry level is at the cyan line. My potential take-profit level is marked with the green line. Stop-loss is to be set to the high of the breakout bar (not shown on the chart).
Trade active:
Sell trade entered at 0.74644 with SL= 0.75644, TP = 0.72341 on 2017-04-26 13:33 UTC.
Trade closed: stop reached:
Stop-loss was hit today at 9:56 UTC.
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