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Markalf
Oct 12, 2017 10:16 PM

Classic Double Top  Short

Euro / Australian DollarFOREX.com

Description

This is a text book double top set up.

Price has tested the same area twice in the past few months. After price found resistance the second time it formed a big down candle.

One closed bar down is enough confirmation for me to enter this trade.

2% risk as usual and if the first TP gets hit close half and move trade to break even.

Trade closed: stop reached

Stick to the plan
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