GBPUSD | Double Top
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There is a Double Top pattern. So we might have the retest of the Ichi Cloud support zone. In case there is a breakout of Ichi Cloud support we can initiate a short position.
Breakout of Horizontal Resistance and fixation above will invalidate the bearish scenario
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
There is a Double Top pattern. So we might have the retest of the Ichi Cloud support zone. In case there is a breakout of Ichi Cloud support we can initiate a short position.
Breakout of Horizontal Resistance and fixation above will invalidate the bearish scenario
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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