Happy and profitable week to everyone.
This could turn out to be a nice opportunity for some good amount of pips.
As you can see the price rejected the top of the structure 3 times already. Also, divergence is forming on 1 hr time frame.
Now the price is forming a bearish flag formation for it to continue. If the price is testing tops again watch for price action (impulsive bearish candle).
This could turn out to be a nice opportunity for some good amount of pips.
As you can see the price rejected the top of the structure 3 times already. Also, divergence is forming on 1 hr time frame.
Now the price is forming a bearish flag formation for it to continue. If the price is testing tops again watch for price action (impulsive bearish candle).
Comment:
Easy setup giving 150-180 pips :)