GBP/USD anticipated short position after the double top. For my entry, I will wait for the ascending trendline breakout & support zone breakout.
Not
Price failed to breakout of our ascending trendline and triggere our sell stop. We wait for price to reach the resistance level and look for reversal candlesticks to confirm our bearish sentiment.
Not
First target was reached but price bounced off the support level with a huge reversal. Second entry failed and closed in a loss.
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