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Josh_Capital

We entered a short position after the formation of a double top

Short
Euro / Japanese Yen (FX:EURJPY)  
Josh_Capital  
FX:EURJPY   Euro / Japanese Yen
Chart Patterns Wave Analysis Ascending Channel Double Top reversalpattern
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chartpattern waveanalysis ascendingchannel doubletop reversalpattern
In the previous analysis, which I have linked below, I said we are looking for a double top or any reversal pattern at the fifth touch of the ascending channel. Therefore, when price formed a double top we sold. You can see the previous analysis for further reference.

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Josh_Capital
Waiting for a double top or any reversal pattern
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