Price has formed a double top formation on the 60 minute chart.
Price has broken down, made a new low and the averages have crossed over.
I am looking for a short position as detailed below.
Levels and chart below:
1st Entry: 0.8625
2nd Entry: 0.8640
Averaged Entry: 0.8632
Stop Loss: 0.8672
Target: 0.8432
I will update again when the position has been opened.
Namaste
MDT
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