head and shouldes + overbought rsi and structure
hey guys,
this evening on pound dollar I have a nice reversal pattern for you.
on a daily t/f you can notice that the market has recently met a decent level of structure after a nice bullish impulse.
on an hourly timeframe we see a nice confirmation pattern.
+ take into account very overbought rsi with clear divergence
what we are looking for is the bearish violation of a neckline.
targets will be based on structure
your stop will be above head
good luck!
Catatan
still in a consolidationTrade aktif
Catatan
retest of a necklineTrading ditutup: stop tercapai
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