Double Top on AUD/JPY @ D1

The double top formation on the daily chart of AUD/JPY offers a trading opportunity to enter a short trade following a reversal from an uptrend. The pattern's tops its "neckline" are marked with the yellow lines. My potential entry level is at the cyan line. My potential take-profit level is marked with the green line. Stop-loss is to be set to the high of the breakout bar (not shown on the chart).

Trade ist aktiv:

Short entry triggered yesterday at 23:09 UTC @ 87.016, SL=87.957, TP=85.326.

Trade geschlossen: Ziel wurde erreicht:

Take-profit reached at 1:56 UTC today.