Here we have a double top formation on the H4 timeframe. Price has broken previous support and I'm waiting for price to retrace to the 0.618 level to enter a short position. I'll be looking for confirmation on the lower timeframes before entering this trade.
Trade attivo:
I entered at 1.47220; stop at 1.47800; TP at 1.45640
Trade chiuso: stop raggiunto