Fibonnacci confluences+ downtrend resistance and RSI extended
Short entry as price finding resistance on dowtrend line + previous resistance and fibonnacci confluences : ,786 retracement + 1,272 extension.
Note also the RSI going overbought.
Like it if you find it valuable.
Good trading !
Note also the RSI going overbought.
Like it if you find it valuable.
Good trading !
Trade closed: target reached
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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.