looks like price is getting squeezed between resistance and the 20 ema, a break and close below that average would be a nice entry. also getting rsi divergence.
nice setup here, im alreadly short from a daily setup but just seen this nice setup! looking fro price action in this area, maybe a nice bearish engulfing. nice 50 round number below for initial targets, comes in at the lows there!
will be looking for a break and close below 20 ema, nice rsi divergence going on here too!
coming into daily resistance to form a double top
looking for a break and close below the 20 ema for entry on the daily setup
coming into daily resistance 1.618 up there too with rsi overbought big time!
massive daily resistance to support the 4hr double top setup.
double top with what looks like its going to be rsi divergence. will be waiting for the candle close. can either use an ATR stop or a fibonacci 1.13 extension.
another possible entry to get tighter stops
shark pattern with overbought rsi, possible entry on break of bear candle
nice chence to get short on the break of this bar.
both these patterns complete in the same area, awesome shorting zone!
just got a nice double bottom on the 60 min chart to get tighter stops on this pattern
coming into a 1.618 extension of AB leg with a 1.618 projection of BC leg 1.43000 round number just below, RSI well oversold!