Simple technical and price action analysis.
In the 4h Time frame, you can see the big RSI divergence, indicating a change of trend.
Another SELL indicator is that the price is moving under MA 100 on 1h TF.
Another sell indicator is the price breaking under the trend line.
You can either go long above the preview highs on H1, if the price enters back above the trend line.
Or you can wait for an aggressive candle to close under the preview candle spikes.
TP for this trade will be under 1900.
Don't Stumble Trading. Trade Safe!
In the 4h Time frame, you can see the big RSI divergence, indicating a change of trend.
Another SELL indicator is that the price is moving under MA 100 on 1h TF.
Another sell indicator is the price breaking under the trend line.
You can either go long above the preview highs on H1, if the price enters back above the trend line.
Or you can wait for an aggressive candle to close under the preview candle spikes.
TP for this trade will be under 1900.
Don't Stumble Trading. Trade Safe!
Trade closed: stop reached