The bearish divergence is already taking place on the H4 chart. At this place or even after another push higher (potential false break) we should be looking for a breakout below the up trend line (blue).
To recap – wait for a break below the up trend line, wait for a small pullback and short.
Stop Loss – place the stop loss above last high to be created.
Target 1 – 1.0900.
Target 2 – 1.0830.
To recap – wait for a break below the up trend line, wait for a small pullback and short.
Stop Loss – place the stop loss above last high to be created.
Target 1 – 1.0900.
Target 2 – 1.0830.
