GBPUSD, D1 - sell - double top, bearish pinbar on resistance
Reason to trade: Failed try to make new high (3rd day in a row), double top, bearish pinbar on resistance
Stop Loss: Setup will be active until daily candle will close above the high of signal candle (152.914)
Take Profit: Possible take profit area is last lows (~147.82). If support (green line) will break price may go additional 500+ pips to fill double top pattern
You can easily find the best moments to open trade by using our app - GekkoFX. It’ll let you now when any sell events appear. Go to gekkofx.com/ and create your account for free now and don’t miss any trading opportunities anymore.
Stop Loss: Setup will be active until daily candle will close above the high of signal candle (152.914)
Take Profit: Possible take profit area is last lows (~147.82). If support (green line) will break price may go additional 500+ pips to fill double top pattern
You can easily find the best moments to open trade by using our app - GekkoFX. It’ll let you now when any sell events appear. Go to gekkofx.com/ and create your account for free now and don’t miss any trading opportunities anymore.