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talalzebian

Short opportunity on GBPUSD

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
talalzebian  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
An interesting short opportunity on GBPUSD with double top forming on 4HR time-frame at a significant area of resistance on the Daily timeframe. We also have RSI significantly overbought, as well as RSI divergence.

Huge Risk to reward of 6:1 with very tight stop losses above the double-top.

Let me know your thoughts :)
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