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PipMorningstar

GbpUsd 4H - Broken Trendline, Kangaroo Tail, Double Top

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
PipMorningstar  
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD Forex pips Double Top kangaroo_tail breakout lowerlows short 4h
6
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gbpusd forex pips doubletop kangaroo_tail breakout lowerlows short 4h
GbpUsd is bearish, and it will remain so for this month. I believe lows will be reached in monthly support zones. In any case, this trade is short term aiming the first TP on previous recent structure. Furthermore, the kangaroo tail has printed before the breakout as the doible top formation was formed.

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Refernces: Naked Forex (book), Akil Stokes (trader).
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