Hey guys....haven't been on Trading view for a while now.So I noticed a really setup for POUND/GREENBACK.Check it out
We have a double top formation.Those who got in at the top, well done !! Those who didn't, not to worry I have a nice setup for u guys.Now the short term target for that Double top on the chart is the 1.2800 mark so sellers will likely look to get out of the shorts at that area.Now here's the plan as the buyers come in and price rallies back into the resistance I am gonna be shorting it with stops above 1.3060 and targets @ 1.2800-1.2660 ,for the traders trading the double top they are going to take profits around 1.2800 area so on a smaller time frame there's a buying setup in there as well.
Make sure to follow and drop a thumbs up if you like what you see.
We have a double top formation.Those who got in at the top, well done !! Those who didn't, not to worry I have a nice setup for u guys.Now the short term target for that Double top on the chart is the 1.2800 mark so sellers will likely look to get out of the shorts at that area.Now here's the plan as the buyers come in and price rallies back into the resistance I am gonna be shorting it with stops above 1.3060 and targets @ 1.2800-1.2660 ,for the traders trading the double top they are going to take profits around 1.2800 area so on a smaller time frame there's a buying setup in there as well.
Make sure to follow and drop a thumbs up if you like what you see.
Trade closed: stop reached:
stopped out on pullback trade