Hi Traders, just thought to post this one up on trading view. My general analysis is advanced patterns and structure based, always good to keep our predictions moving forwards.
When we see these opportunities in the market with an area that is very respected it draws our attention.
As we see here multiple rejections on this level. Double Top with RSI Divergence - for aggressive traders pull the trigger and sell next bar market, for those who need more confirmation to see a change in trend, could get the 2618 trade.
All details are on screen, for those who missed the trade, keep a close eye on price action for a possible 2618 trade setting up.
As always - enjoy and happy trading.
When we see these opportunities in the market with an area that is very respected it draws our attention.
As we see here multiple rejections on this level. Double Top with RSI Divergence - for aggressive traders pull the trigger and sell next bar market, for those who need more confirmation to see a change in trend, could get the 2618 trade.
All details are on screen, for those who missed the trade, keep a close eye on price action for a possible 2618 trade setting up.
As always - enjoy and happy trading.
Kommentar:
Nice trade for the stop and reverse could be a triple trade Double Top to BAT to 2618.
