GBPUSD / 1HR / POTENTIAL Double Top Short

British Pound/U.S. DollarFXCM

Description

⋅ Mar 18, 2015 5:06 AM

Potential double top on the GBP / USD 1HR chart.

Have the double top formed, break below neckline with bearish divergence.

Waiting for a 618% retrace and TP is at previous structure low.

USD (US Dollar)Double Top

Comments

Ozayevable

⋅ Mar 18, 2015 8:14 AM

that double top is obsolete. it had a target of roughly 30 pips which has been delivered. its tech analysis 101