Trader-TO

GBPAUD 08-13 Week Analysis [November] - Double Tops for a Short?

Trader-TO Updated   
FX:GBPAUD   British Pound / Australian Dollar
Here we can see double top which may lead to a ~100 pip short once the price falls below the neckline which is also very much in line with the 50% Fibs. Good Luck and feedback?
Trade active:
So far the PA has ignored the double top movement dropping only slightly below the 50% Fibs neckline. There still might be some an opportunity for a short if PA returns to the neckline.
Trade closed: target reached:
Trade closed. This has been a bit of an experience waiting for the PA to follow suite. It eventually did and fell hard.
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