TechTrader101

Harmonic and Double Top Entry

Short
TechTrader101 Updated   
OANDA:GBPAUD   British Pound / Australian Dollar
We have an AB=CD pattern on the 240 with and a 60M Harmonic move completing at the same daily struc highs with 240 and 60M RSI OB and a valid double top on the 60M with a 60M hold/indecision candle. Targets are FIB/structure based at the 38.2 level. Stops 1 ATR above the first double top highs.
Trade closed: target reached:
What a great trade with a Great risk reward. +171 pips
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.