darian_fx

Triple Top on GBPAUD

Short
FX:GBPAUD   British Pound / Australian Dollar
Looking at the 4h Chart of the GBP versus Australian Dollar we clearly see a triple top. Price is always testing the 1.84714 zone. This gives us a nice indicator for a trend change on this chart. Looking for a short in this scenario we also see that the RSI is showing price weakness. Our take profit is at 1.61780.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.