Hi fellas,
Very simple trade guys, as you can see this pair has created a double top recently which was followed by a bearish engulfing candle suggests a reversal. RSI is also at overbought position. I have gone short on this on and marked the tp and sl for this trade.
I will be looking for multiple targets on this pair as I believe it should come down to the support level.
Let me know your thoughts.
Trade safe and enjoy.
Very simple trade guys, as you can see this pair has created a double top recently which was followed by a bearish engulfing candle suggests a reversal. RSI is also at overbought position. I have gone short on this on and marked the tp and sl for this trade.
I will be looking for multiple targets on this pair as I believe it should come down to the support level.
Let me know your thoughts.
Trade safe and enjoy.
Trade closed: stop reached
Comment:
Reentered from the top.
Trade closed manually:
Closed with 46 pips profit