For those of you that use formations in your trading like myself the GBPUSD is forming one of my favorites. On a 4 hour chart it has a great double top and bottom. Overall I enjoy trading breakouts because the gain can be huge with a very small risk. How many of you trade using setups such as these and do you also find them profitable? Another great setup this morning was a pin bar on the USDJPY that made for a great sell. Below is the double top that has formed.
