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Sandeep_Gupta
Aug 2, 2014 11:26 AM

Double Top Short

Euro Fx/British PoundFXCM

Description

Double top with resistance at 0.7979. RSI is over bought.
Comments
Sandeep_Gupta
But It could not sustain and corrected for two days and now again retesting. Along with in H4 and D1 chart the RSI is in over bought region and trend direction is down. Still If I am not understanding your point, please correct me. Thanks.
Aqua-Life
Nice double top indeed. I wouldn't be trading this setup though because we did break structure on this timeframe. (Higher high, higher close)
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