h4 resistance broken, m15 have a fresh demand at h4 RBS area
formation showing is a rising wedge both on daily and weekly. Weekly RSI support about to be tested if broken confirmed breakdown. Hoping for a bounce scenario to the weekly upper wedge line for a better RR short position. If no bounce short position will be opened upon break of wedge lines. Bounce scenario based on intraday divergences --> 5 mins and 30mins...
watching a break of rsi (~46) to enter a short
watching to break rsi support (~45.944) . Target profit marked accordingly
basing on daily history down trend line pretty strong to break, betting on this idea a scalp trade for short using 15 min chart #newbiefxdairies