This setup is pure technical, a very rare case of triple top with triple divergence. I used to trade this setups when studying divergences.
Price is extremely exhausted and i think will make a correction next days.
The round level 1.400 is hard to break, so the SL is well protected above it.
Right now price is doing its last pullback! the R/R ratio is good for an entry, if i'm wrong my SL is small, it was a good try.
Best regards.
Price is extremely exhausted and i think will make a correction next days.
The round level 1.400 is hard to break, so the SL is well protected above it.
Right now price is doing its last pullback! the R/R ratio is good for an entry, if i'm wrong my SL is small, it was a good try.
Best regards.
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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.