The chart was in an uptrend previously printing HH and HL until now it hasn't printed a new HH and can see a bearish divergence in the RSI indicator plus a double top. These two factors indicate a trend reversal most probably a downtrend now. We can make a precise entry by a sell-stop order just below the previous HL and ride a possible downtrend.
we'll take two trades with the same entry point and stop loss with tp1 and tp2. risk per trade would be 1% each.
we'll take two trades with the same entry point and stop loss with tp1 and tp2. risk per trade would be 1% each.