Double Top on CAD/JPY @ D1

This double top pattern on the daily chart of CAD/JPY presents a potential for a downside breakout short trade. The pattern's two tops and its neckline are marked with the yellow lines. My potential entry level is the cyan line. My potential take-profit level is marked with the green line. The stop-loss that I will use will be the high of the breakout bar (not shown).

Zlecenie aktywne:

Short position entered today @ 85.341 at 5:55 UTC. SL=86.384, TP=82.855.

Transakcja zakończona: osiągnięto poziom stop:

Stop-loss reached yesterday at 16:59 UTC.