Price is heading to complete an AB=CD pattern at 1,618 extension, at the same level of the upper channel TL and RSI oversold.
Keep an eye on the 0,7563 level and watch for bearish evidence b4 you short!
Keep an eye on the 0,7563 level and watch for bearish evidence b4 you short!
Note
It getting really interesting now, after that shake out. I may enter after the close of that nice bearish 4H candle.Trade active
@ 0,75365Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.