This is the first time im sharing a trade idea, if you think my idea is wrong please comment thanks.
So In summary here's why im looking to short this pair:
1. Its been in an uptrend but now consolidating at an area of resistance
2. it formed a really good Double Top
3. Rsi divergence is present
4. its at a strong level of resistance
5. it broke and retested a strong trendline.
6. Its completing a clear market maker move WVVM-MAAW( for those that understand it)
So In summary here's why im looking to short this pair:
1. Its been in an uptrend but now consolidating at an area of resistance
2. it formed a really good Double Top
3. Rsi divergence is present
4. its at a strong level of resistance
5. it broke and retested a strong trendline.
6. Its completing a clear market maker move WVVM-MAAW( for those that understand it)
Trade closed: stop reached