Reversal entry | Wyckoff method | 4.4 RR
Price overextended and reaching major last consolidation zone where there will be selling pressure.
We can see RSI diverging down from price, showing us weakness is creeping into the market.
Stop above where the selling pressure would be invalidated and price would continue upwards.
We can see RSI diverging down from price, showing us weakness is creeping into the market.
Stop above where the selling pressure would be invalidated and price would continue upwards.
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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.