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vduquenne

EURUSD:1h:2618 trade

Short
Euro / U.S. Dollar (FX:EURUSD)  
vduquenne Updated   
FX:EURUSD   Euro / U.S. Dollar
4
0
A double bottom has been made

Former top has been broken.

RSI (7) is now overbought.

Anretracement is to be expected.

Hereby plausible T1 -2-3.
Comment:
Look how nice the RSI gets saturate in the overbought condition.

Additionally , we can see a bearish divergence being build up....

Let's wait & see now for the coming hours ;)
Comment:
snapshot

And now, after this nice little cypher pattern we ought to drop ;)
Comment:
Stop-loss hit
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