A bearish butterfly pattern has completed with RSI at overbought level.
Current daily candle and RSI are dropping at the moment.
Good to short using H4 chart or wait till tomorrow.
Note that this is a counter-trend trade, do trade with caution.
R:R at 2.85, not looking at TP2 as it's counter-trend.
Good luck.
Current daily candle and RSI are dropping at the moment.
Good to short using H4 chart or wait till tomorrow.
Note that this is a counter-trend trade, do trade with caution.
R:R at 2.85, not looking at TP2 as it's counter-trend.
Good luck.
Catatan
Entering after the circled candle would be ideal, though a little late now.Suggest to wait for pullback.
Order dibatalkan
No retracement after pullback, decided not to take the trade.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.