Short opportunity on GBPUSD

٦ أغسطس ٢٠٢٠

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 :)