Price is close to the top of the ED channel drawn based on daily chart.
A bearish butterfly has been spotted around that area as well, a potential short.
RSI is also at overbought now, waiting for retracement to enter the next hour.
A bearish butterfly has been spotted around that area as well, a potential short.
RSI is also at overbought now, waiting for retracement to enter the next hour.
Trade geschlossen: Ziel wurde erreicht:
Shorted slightly late @ 104.58, TP1 hit @ 35 pips.