Sell opportunity after H4 structure support break
H4 - price break below structure level of support
H1 - price break below recent up-trend line
M15 waiting for double top, RSI(10) divergence or RSI(10) overbought condition in conjunction with bearish candlestick formation
Sell entry around 1.1487
Stop loss above 1.1545
Take profit around 1.3333
Risk reward ratio 2.75
H1 - price break below recent up-trend line
M15 waiting for double top, RSI(10) divergence or RSI(10) overbought condition in conjunction with bearish candlestick formation
Sell entry around 1.1487
Stop loss above 1.1545
Take profit around 1.3333
Risk reward ratio 2.75
Commento:
Engulfing candlestick pattern on M15 in conjunction with overbought RSI(10) just on the 1.1487 level