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UnknownUnicorn300837
Feb 3, 2016 10:00 PM

Potential Aggressive double top or 2618 Short

Euro Fx/Japanese YenFXCM

Description

Price on that pair has been coming back up to retest previous structure. before slightly retracing.
RSI is overbought.

If price comes to retest the recent low with RSI divergence, I would need a doji candle or a Lower Low Lower Close candle to short that pair. Stop at 113 fib extension of the move up
Target 1 at bottom of the double top
Target 2 at previous structure

If I don't get my entry on the double top, will then wait for a potential 2618 to get short (depending on the risk to reward on the 2618)
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