4hr: Price retracing back into a resistance level
1hr: Price decelerating at this level and a series of rejection candles forming
5min: We can see price making a double top at R1 with huge divergence on the MACD
Looking for a retest of the 1hr 50ema as a target. Small day trade opportunity
Good luck in the markets.
1hr: Price decelerating at this level and a series of rejection candles forming
5min: We can see price making a double top at R1 with huge divergence on the MACD
Looking for a retest of the 1hr 50ema as a target. Small day trade opportunity
Good luck in the markets.
Trade closed: target reached