Following the structure trade i posted on this pair yesterday, the market has now come in to the zone I've marked out yesterday in my post and we now also have a bearish
divergence on the rsi
coupled with overbought conditions. We can also see the market has come up against a rising trendline
support so based on all those technical reasons and the fact that the risk to reward ratio on this trade is very good, I am now short on this pair.
You can watch a lesson on how to trade a structure trade like this one
Also, check out my weekly video where i've done an analysis on EURUSD
and the Bearish gartley
winner (40pips) we just had on the USDJPY