Mulai
Pound Inggris / Dollar Kanada
Penjualan
Diupdate

rising wedge and weakening momentum

cuplikan

hey traders,

on pound cad the market has reached a decent level of structure,
and RSI on a daily chart is overbought.
cuplikan

Indeed, on a 4h chart we can see a weakening bullish momentum with a clear rsi divergence
cuplikan

the market has formed a nice rising wedge pattern,
bearish violation of it will give us a great opportunity to sell the market.

targets will be based on structure and stop will be above higher high!

good luck!
Catatan
potential violation
Catatan
Hit t1
Catatan
stop moved to entry
Trading ditutup: stop tercapai
good trade, t1 reached
VasilyTrader
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Juga di:
Technical IndicatorsSupport and ResistanceWedge
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