A small scalp here from a clear resistance level +RSI divergence
Taking a stop order short in case it still wants to break it upwards.
3.25RR, but still a good stop level with a low chance of manipulation hitting it after it breaks downwards.
And just LOOK at how beautifully the RSI goes down...
3 tops from 3 higher tops on the price action, so big RSI divergence here!
the yellow line is a daily/weekly resistance... here :
3.25RR, but still a good stop level with a low chance of manipulation hitting it after it breaks downwards.
And just LOOK at how beautifully the RSI goes down...
3 tops from 3 higher tops on the price action, so big RSI divergence here!
the yellow line is a daily/weekly resistance... here :
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.