2 successful butterfly patterns before for this pair, now a bat pattern has completed.
Terminal bar was formed with price closing in PRZ and RSI at overbought level.
The next 4hour candle was bearish, with RSI divergence shown.
It is a good time to short now.
R:R at 1.2 (TP1) and 2.1 (TP2).
Terminal bar was formed with price closing in PRZ and RSI at overbought level.
The next 4hour candle was bearish, with RSI divergence shown.
It is a good time to short now.
R:R at 1.2 (TP1) and 2.1 (TP2).
Trade closed manually:
seems to be a bull flag instead, cutting loss on this one.
