Down Trend. Price outside the upper band of regression line. Overbought and downwards sloping indicator while price rises. Bearish shooting star candle
Note
15 min. Bearish engulfing. Overbought indicator.Note
0.23% risk takenNote
Although for the past 12hs trend has changed to positive I didn't close the trade. At 11:30 Services PMI was going to be released. This was the only volatile event that could increase risk. But since no major moves happened before and after the release I let it run.Note
Also in 15 min time frame no strong bullish evidence. I would say the opposite was happening. A lot of bearish engulfing patterns without making higher highs.Note
Trade closed! 
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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.