FX:GBPAUD British Pound/Australian Dollar
Here on the 1hr chart we have a double top forming at a previous major structure level. We also have an overbought and divergence which in my experience normally sets up pretty accurate trading opportunities. The rules of my plan state that i can sell the double top before it breaks the neckline if the first test of the high is overbought on the and if there is divergence on the second test. Plus there is really good risk reward on this trade. So im short GBPAUD because of a few technical indications.