pull back before coming back up

RSI is 80 on 4 hourly chart
overbough also on 1 hourly.


short term short trade can be in order.


entry 0.07240

stop loss 0.07223

TP 1: 0.07193

TP 2: 0.07160

TP 3: 0.07095

Trade geschlossen: Ziel wurde erreicht:

TP 1 reached.

duo to strong bullish trend, i exited the full position

further downside IS POSSIBLE

have a good thought for your RR dont forget to have sensible stoplosses and take profits