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.
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