BREAKOUT SELL WITH RSI OVERBOUGHT AND FIBONNACI CONFUENCES
Hi traders,
Nice SELL opportunity with Fibonnaci confluences and previous structure resistance respected at 1.4380's.
We can note the RSI overbought and market tested the above downtrend resistance with a nice sell price action i.e 4H bearish rejection candle.
I will prefer to wait for the breakout of the rejection candle for my entry.
Good trading!
Nice SELL opportunity with Fibonnaci confluences and previous structure resistance respected at 1.4380's.
We can note the RSI overbought and market tested the above downtrend resistance with a nice sell price action i.e 4H bearish rejection candle.
I will prefer to wait for the breakout of the rejection candle for my entry.
Good trading!
Trade closed: target 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.