signal to sell overbought pair

2019년 2월 14일

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!

2019년 2월 14일

노트

breakout

2019년 2월 14일

노트

hit the initial target

2019년 2월 14일

노트

attempt to go lower

2019년 2월 15일

노트

holding the position