Overbought conditions + reversals signs
This time, I used a Fibonacci based correction to take profit
TP1 could hit 61 level, move stop loss to break even after hitting 78 Fib level.
Please follow money management
Trade at your own risk
A correction may occur after the break of the red support line.
Market condition overbought.
This trade can take some weeks to months
Same trading tactics.
Take profit 1 and move stop loss to break even.
Trade at your own risk.