The 1hr and 4hr RSI’s are calling for a retrace and this is my long term target. Momentum is also slowing down, so I’m looking at the 15 minute for an entry. IMX looks like it’s struggling to break this zone and it looks like it’s going to double top.
Note
My stop loss was hit in profit. Successful short scalpDisclaimer
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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.