The pair has been in a range for almost a month now, and price seems to be rejected at the top (resistance zone) again. With RSI divergence & in overbought zone, and price rejection at the resistance zone, I look to short with SL a little above the 0.5 fib area (See D1 chart).
Trade with care, and wishing you a happy green pips week... :D
Trade with care, and wishing you a happy green pips week... :D
Note
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.