STRUCTURE BASED TRADE WITH RSI DIVERGENCE AND FIB CONFLUENCES
Hi Traders,
Hot area to watch next week for potential turning point where the price is approaching an area that acted as support before becoming resistance.
We can clearly see that the price also tested the zone many times.
Note the perfect alignement of the 0.618 and 0.886 Fib retracement and the RSI divergence pointing its noise to the downside.
Do not hesitate to give me your feedback on this trade
Happy trading and good week-end
Hot area to watch next week for potential turning point where the price is approaching an area that acted as support before becoming resistance.
We can clearly see that the price also tested the zone many times.
Note the perfect alignement of the 0.618 and 0.886 Fib retracement and the RSI divergence pointing its noise to the downside.
Do not hesitate to give me your feedback on this trade
Happy trading and good week-end
Trade closed: target reached:
Target 1
