We have a double top at previous level of resistance. Two positions:
Position 1: Stop Loss: 40 Pips , Take Profit 40 Pips
Position 2: Stop Loss: 40 Pips, Take Profit 70 Pips
Position 1: Stop Loss: 40 Pips , Take Profit 40 Pips
Position 2: Stop Loss: 40 Pips, Take Profit 70 Pips
Comment:
On the 15 min chart, we see candle closed bearish respecting downward trend
Trade closed: stop reached:
This looked like a double top, but was not.