AUDUSD 01-04 [APR] Analysis - Double Top on H4

Here we are seeing a double top on AUDUSD which would setup a short entry at the neckline. We could potentially see a 70 Pip move down. On top of this AUDUSD is just below long term resistance pf .755 which would further support a short if it holds.

Kommentera:

Still waiting for trade to pass neckline. Will close Sell Stop if PA passes the double top but looks like we may see some downtrend soonish