Hi
As you can see in the chart, we are forming a bearish flag and a rising wedge at the same time.
We are close to the election, and this is a precarious position .please consider slippage.
Zoom out and see the bigger picture.
There is also a tiny hidden bearish divergence on RSI.
This has a perfect risk to reward setup.
What am I missing?
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What is your opinion? Comment it below.
If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too.
Goodluck.
As you can see in the chart, we are forming a bearish flag and a rising wedge at the same time.
We are close to the election, and this is a precarious position .please consider slippage.
Zoom out and see the bigger picture.
There is also a tiny hidden bearish divergence on RSI.
This has a perfect risk to reward setup.
What am I missing?
----------------------------------------------------------------
What is your opinion? Comment it below.
If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too.
Goodluck.
Trade attivo:
You can now Enter the trade after the Break from the downside.
