head and shouldes + overbought rsi and structure

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снимок

hey guys,

this evening on pound dollar I have a nice reversal pattern for you.
on a daily t/f you can notice that the market has recently met a decent level of structure after a nice bullish impulse.
снимок

on an hourly timeframe we see a nice confirmation pattern.
+ take into account very overbought rsi with clear divergence

what we are looking for is the bearish violation of a neckline.

targets will be based on structure
your stop will be above head

good luck!
Заметка
still in a consolidation
Сделка активна
Заметка
retest of a neckline
Сделка закрыта: достигнута стоп-лосс цена
Head and ShouldersTechnical IndicatorsSupport and Resistance

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