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
www.youtube.com/watch?v=qed8R1DK...
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
www.youtube.com/watch?v=1lVEVqqU...
www.tradewithme.co.uk
You can watch a lesson on how to trade a structure trade like this one
www.youtube.com/watch?v=qed8R1DK...
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
www.youtube.com/watch?v=1lVEVqqU...
www.tradewithme.co.uk
Trade closed: target reached
