double top and overbought market

Updated
snapshot

hey guys,

this Friday morning I want to focus your attention on dollar swiss pair.

Watching this pair on a daily we see that the market is approaching 1.01 level,
a significant level of structure looking left.
Also take into consideration overbought RSI.
snapshot

on a 4h chart we have a nice double top pattern and decent rsi divergence.

also take into account a rejection candle 11th Feb. As you see bulls we trying to establish new market high,
however, we see a clear rejection.

last but not least, the market follow a rising trendline,
bearish violation of this trend line will trigger a selling reaction.
snapshot

now we are waiting for a bearish violation 1.005 level to sell the pair.

Targets are based on structure.

Stop above tops.

good luck!
Note
One more test
Note
decent bearish violation of support snapshot
Note
potential retest of a broken level
Double Top or BottomSupport and ResistanceTrend Lines

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