Double Top opportunity
While waiting for the potential pink Cypher, this pair is putting a nice double top opportunity :
- equal high retest
- RSI overbought on first test
- RSI divergence on restest
- Structure looking left
- "Bottom/middle" of the double top did not hit the 382 retracement from last move up
Will be waiting for a nice looking bearish candle or a lower low lower close to enter at market and ride this down with 2 targets. Nice risk to reward ratio on both targets.
If target 2 hits, will be reloading to take the Cypher
- equal high retest
- RSI overbought on first test
- RSI divergence on restest
- Structure looking left
- "Bottom/middle" of the double top did not hit the 382 retracement from last move up
Will be waiting for a nice looking bearish candle or a lower low lower close to enter at market and ride this down with 2 targets. Nice risk to reward ratio on both targets.
If target 2 hits, will be reloading to take the Cypher
Trade ist aktiv
Trade geschlossen: Ziel wurde erreicht:
Target 1 reached, stop moved to BE