Shorted this pair following the valid set up of the Double top I was waiting for.
Great risk:reward profile on this set up.
Initial test = RSI over bought
Retest = Bearish divergence on RSI
We have also just had a lower low, lower close candle too so hopefully we can see some more bear pressure.
I'll be taking profits off at the level shown on the chart.
Great risk:reward profile on this set up.
Initial test = RSI over bought
Retest = Bearish divergence on RSI
We have also just had a lower low, lower close candle too so hopefully we can see some more bear pressure.
I'll be taking profits off at the level shown on the chart.