hey guys,
very nice trading setup on euro yen.
we have overbought rsi with divergence,
violation of a rising parallel channel
and clear rejection of 126.0 level.
as you the market is coiling between 126.2-126.6 level.
wait for a bearish violation of a support.
then sell the market with you targets based on structure.
good luck!
Note
the market is still inside the rangeNote
still in the zoneTrade active
Trade closed: target reached
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✅Join My Telegram Channel: t.me/VasilyTrading
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✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
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Related publications
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.