Hey guys,
this is a pair on my radar this week, price has been in a heavy uptrend and now has reached a possible reversal zone (because of daily structure). On lower timeframes there's no confirmation yet, but let's see how it plays out. Very overbought condition makes me think we could see a reversal right here. Let's see.
If you have questions or you want to share your view, feel free to comment below.
Otherwise, see you in the next chart!
this is a pair on my radar this week, price has been in a heavy uptrend and now has reached a possible reversal zone (because of daily structure). On lower timeframes there's no confirmation yet, but let's see how it plays out. Very overbought condition makes me think we could see a reversal right here. Let's see.
If you have questions or you want to share your view, feel free to comment below.
Otherwise, see you in the next chart!
Trade active
Trade closed: target reached
Stop at breakeven now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.