TF: 4 hr
Looking for sells and potential wicking candles around the blue zone. Double top with rejection, bearish divergence on the RSI, and stochastic indicating overbought conditions make this a great short opportunity.
Red dashed lines are Fibonacci clusters pulled from the previous impulse at 1.6120 area, look for some reaction around these lines.
Looking for sells and potential wicking candles around the blue zone. Double top with rejection, bearish divergence on the RSI, and stochastic indicating overbought conditions make this a great short opportunity.
Red dashed lines are Fibonacci clusters pulled from the previous impulse at 1.6120 area, look for some reaction around these lines.