Picture perfect rejection of the 200 moving average adding resistance to the median line of a pitchfork I drew on the recent pivots.
The market profile served as my price for entry and a bearish hourly candle broke through it.
The stochastic RSI in overbought conditions adds extra confluence after the cross
Stop loss is a few pips above the 78.6 level of the Fib I draw from A - B. Take profit at the 50%
The market profile served as my price for entry and a bearish hourly candle broke through it.
The stochastic RSI in overbought conditions adds extra confluence after the cross
Stop loss is a few pips above the 78.6 level of the Fib I draw from A - B. Take profit at the 50%