@lincoln3009 on GBPUSD | PriceONN Community

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lincoln3009
lincoln3009 PRO newbie
GBPUSD Mar 6
Anyone else watching for a potential double top forming around 1.3420 on GBPUSD? The 200 SMA is right in that area too, so it could be a strong resistance. I'm a bit cautious about shorting just yet with the RSI still near 60, but a clear rejection there would be tempting. What kind of confirmation are you guys looking for before considering a short? A break below the 20 SMA on the H1 chart maybe? Or waiting for a bearish engulfing candle on the H4?
GBPUSD

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