The pair has seen strong resistance at this level over the past few years.
Combined with 4H RSI divergence recently in overbought territory this could be a great opportunity for a huge short or series of shorts.
The shown order is pending as a sell stop but I may adjust the order depending on the price action around the trend support (green line).
My first TP is shown for an R:R of 3.51 but I may remove the TP and secure profit along the way down at certain milestones and ride this short for a while.
Combined with 4H RSI divergence recently in overbought territory this could be a great opportunity for a huge short or series of shorts.
The shown order is pending as a sell stop but I may adjust the order depending on the price action around the trend support (green line).
My first TP is shown for an R:R of 3.51 but I may remove the TP and secure profit along the way down at certain milestones and ride this short for a while.
עסקה פעילה
הערה:
Profit Secured. SL moved to Fib (Red/Yellow border)
עסקה סגורה: היעד הושג