On 4H chart, we can see that the price is at the resistance zone. And, we can see a 4H RSI Bearish Divergence. On 1H chart, we can see a 1H Bearish Divergence on RSI, which confirms the bearish bias on 1H time frame. On 10 min chart, we can see the bearish divergence on RSI that confirms the bearish bias on lower timeframe And, we see the 50 and 13 EMA cross on 10 min timeframe, where I took the sell trade. Stop Loss above the recent high. Targeting for 1:2 risk to reward.
Stop loss : 41 pips Take profit : 86 pips
トレード稼働中
ノート
Head and Shoulders pattern formation on 1H time frame, which is bearish.