Very nice bearish setup here. Daily double top formation with a good rejection of a major resistance level . Confirmation of move down looks great on the intraday charts. 4H in need of a pullback, ideally to around the 4H 50 EMA and the 1H broke below the 1H 50 EMA with MACD divergence as well and then retested as new resistance along with the pivot line perfectly. Order placed right at the pivot.
Trade closed: target reached:
Price consolidated on the 1H chart due to US bank holiday but overall thesis still intact. Price played out perfectly