GBPUSD Double Top with RSI confluence

٢ نوفمبر ٢٠١٩

Price completed the double top with an RSI divergence of 12.28 between the first and second tests of structure highs. Looking for a potential short entry for a test of the 0.382 retracement of the most recent bullish swing. Possible T2 at a lower level of structure at 1.2509. The T2 zone also has the fibonacci confluence (0.618 retracement from the most recent bullish swing). Potential stops 1 ATR above initial test of highs at 1.3203