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ikraamiky

Double top H4 GBPJPY

Short
British Pound / Japanese Yen (BLACKBULL:GBPJPY)  
ikraamiky  
BLACKBULL:GBPJPY   British Pound / Japanese Yen
Chart Patterns double TOP pattern GBPJPY short HTF htfanalysis 4h 4hrchart
7
1
chartpattern double top pattern gbpjpy short htf htfanalysis 4h 4hrchart
As you can see a double top formed on a 4H TF

We have to wait and see if price resists or break above the A.O.I "Area Of Interest".

Scenario 1
If price breaks above the "A.O.I" level the double top pattern is invalid and price could form a Triple top

Scenario 2
If price resist the "A.O.I" level then we have to wait for price to reach the neckline for a clear Sell position
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