Structure based trade with overall downtrend.
Prices is retracing back to previous resistance highs, I am predicting a sell pressure into previous structure at 122.80's . Note that RSI is overbought.
I have got a valid risk/reward on this trade.
Happy trading.
Prices is retracing back to previous resistance highs, I am predicting a sell pressure into previous structure at 122.80's . Note that RSI is overbought.
I have got a valid risk/reward on this trade.
Happy trading.
Trade closed: target reached:
Target 1 reached and Target 2 at breakeven.
