GBPUSD Possible double top

2020年5月9日

It is hard to say for sure but it seems bear are taking control and willing to push price lower to 1.200. However, there need to be a clear breakout of the trend line completing the double top formation, followed by another breakage of the support zone around 1.226.
short term sell opportunity is after breakout of trend line and the support zone.

2020年5月11日

註釋

Market moved as expected, now wait for and retracement and a nice entry point for short.

2020年5月12日

交易結束：目標達成

Target reached! Keep watching for another possible short entry if bears remain in control.