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ikraamiky
Apr 26, 2023 6:42 AM

Double top H4 GBPJPY Short

British Pound vs Japanese YenBlackBull Markets

Description

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
Comments
JoeChampion
Yes, the image of JPY is strong this week!
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