doublecre
Short

XAUUSD Pin-Bar (Early Entry on a Double Top Setup)

FX:XAUUSD   Gold Spot / U.S. Dollar
55 0 3
Going Short on a break below the current 4H candle. It could be the setup of the a "Double Top" or just a simple range trade.

Either way the ROI             is 2/1 or 4/1 on a break of the neck line. A neck line break seems to also fall in line with the old trend-line.

Selling half at the neck-line in case of a bound. The remainder will be felt with the stop at break even.
Trade active: Trade activated.
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