rising wedge and weakening momentum

מעודכן
תמונת-בזק

hey traders,

on pound cad the market has reached a decent level of structure,
and RSI on a daily chart is overbought.
תמונת-בזק

Indeed, on a 4h chart we can see a weakening bullish momentum with a clear rsi divergence
תמונת-בזק

the market has formed a nice rising wedge pattern,
bearish violation of it will give us a great opportunity to sell the market.

targets will be based on structure and stop will be above higher high!

good luck!
הערה
potential violation
הערה
Hit t1
הערה
stop moved to entry
עסקה סגורה: הגיע לסטופ
good trade, t1 reached
Technical IndicatorsSupport and ResistanceWedge

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/
גם על:

פרסומים קשורים

כתב ויתור