CAPITALCOM:GBPUSD   British Pound / U.S. Dollar
Price is making a double top pattern on 2H/4H timeframes (also on daily but less clear).

So we have 2 bounces on 1.36 major level (good resistance area).

Price also made a lower high indicating change in market structure.

I placed a trade on the top of the lowerhigh.

Like and subscribe for more!
Comment:
Trade active
Comment:
Price is doing the expected
Comment:
Price made another lower high, bears rally confirmed.
Comment:
Triple top on 15 minutes. i expect another push to the downside
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.