Double Top on GBP/AUD (Daily)

As you can see by my analysis I have detected a double top form on the Daily chart on GBP/AUD. There is an indication of momentum decrease as the uptrend failed to create a new high. I have chosen to SELLonce the market crosses the 200 EMA as it shows that there is a continuation to the downside. In addition, the pattern had created a hanging man showing us there are more sellers in the market.

İşlem kapandı: hedefe ulaştı:

Guys if you went short as I suggested, your target would have been hit.