Pound seems to have topped at the trendline. very nice double top classic pattern. There is a 2.618 trade here, but I believe it will be short lived as price does not move in a straight line, especially after such a strong uptrend itr is very likely price corrects to prove there will be further downside. Due to the fight between bulls and bears here to take power, I believe this correction may turn into a 5 wave correction. Either way, there may be some good patterns intraday but this drop is most definitely one to keep on your radar. I will be very busy next few days, may or may not update but I'm sure my followers have an idea of what to look for.
Good Luck
Comment
⋅
Market TCP formed a double top Sold a nd took my profits when price dropped hard 2 weeks ago
Trade active
⋅
I had sold from top a week or two ago and took my profit. since price consolidated so well, I decided to re enter on the breakout