Great risk/reward Sell setup
The market is looking for retest of the green trend line at exactly the red trend line and 78.6 Fibs level.
Breakout taking the retest with RSI overbought!
Daily double bottom, H4 Rsi Oversold and fresh demand zone
Supply zone + RSI Double top in the over zone
Importance of risk acceptance
Look for any type of reversal in the demand zone
Price did break the flag trendline. We are waiting for retest in order to short again.
Weekly double top Short opportunity!
Demand zone+H4 Rsi oversold+ Weekly double bottom
H4 double bottom @ 61.8 Fibs
H4 double bottom @ 61.8 Fibs
Confluence: Daily candle reversal pattern @ the fresh demand zone with a double bottom on H4 @ the weekly trendline.
Key levels fibs retracement & trendline breakout