Double Top on GBP/AUD (Daily)
Updated
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.
Trade closed: target reached
Guys if you went short as I suggested, your target would have been hit.
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