This post is only for knowledge purpose. Kindly do your own analysis before taking any trade.
Price is trading near supply zone, RSI showing overbought and we can see bearish divergence as well i.e. 3 Confirmations.
One can take short trade using bearish candlestick pattern.
Target : 630
Price is trading near supply zone, RSI showing overbought and we can see bearish divergence as well i.e. 3 Confirmations.
One can take short trade using bearish candlestick pattern.
Target : 630
Order cancelled:
Trade Failed.
Comment:
It created a bull trap. After that it started falling aggressively.
Trade closed: target reached:
Made low of 636