1 Day bearish divergence and 4 hour bearish divergence on RSI combined with a head and shoulders pattern. The blue line has been tested multiple times on log and had strong reversals. My target is %5 profit. Stoploss a little above the recent highs.
Trade active
⋅
You could take profits here if you want to. I'm going to turn this into a trailing stop and leave the whole trade active because of all the reversal signals. It's unlikely we reverse from a simple support level without some kind of reversal pattern.
Trade closed: stop reached
⋅
Got greedy and stopped out in lots of profit. Looking for the next trade.