signal to sell overbought pair

14 февр. 2019 г.

hey traders,

I am still looking for signals to sell very overbought market on dollar yen.

on 4h chart RSI is heavily overbought.


now I am waiting for a bearish violation of a rising wedge pattern.
as you see the market is coiling around 111.1 level and we see rejection candles.

your target will be based on structure.

stop will be above the market high.

good luck!

14 февр. 2019 г.

Заметка

breakout

14 февр. 2019 г.

Заметка

hit the initial target

14 февр. 2019 г.

Заметка

attempt to go lower

15 февр. 2019 г.

Заметка

holding the position