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