martenus.prince

Possible Double Top - Short position opened

Short
martenus.prince Updated   
FX:GBPUSD   British Pound / U.S. Dollar
In expectation of a downtrend as a result of hitting a resistance creating a possible double top. I am in the trade now, very risky, because the double top is not yet confirmed.
Trade closed: stop reached:
Stop loss is reached, the potential double top was invalidated.
Trade active:
I have two new position on this original idea.
My initial position was hit by SL, the double top went higher and I entered prematurely, I should have waited for confirmation.
But this trade is now running nicely for me.
Staying with both positions and not cashing in yet.
Trade active:
Going nicely in our direction.
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