signal to sell overbought pair

14 בפבר׳ 2019

hey traders,

I am still looking for signals to sell very overbought market on dollar yen.

on 4h chart RSI is heavily overbought.


now I am waiting for a bearish violation of a rising wedge pattern.
as you see the market is coiling around 111.1 level and we see rejection candles.

your target will be based on structure.

stop will be above the market high.

good luck!

14 בפבר׳ 2019

הערה

breakout

14 בפבר׳ 2019

הערה

hit the initial target

14 בפבר׳ 2019

הערה

attempt to go lower

15 בפבר׳ 2019

הערה

holding the position