After Eyeballing a retest of the 9975 previous structure level, market has pushed up to test this level putting in a valid Double Top. RSI went over bought on the initial test with divergence on the retest. We have structure and an advanced pattern (Bat) on the lower time frame.
For more conservative traders, we are also setting up for this 2618 trade, waiting for market to pull back into the 618 retracement before entering short.
1:1 RR which is typical for 2618 trades.
For more conservative traders, we are also setting up for this 2618 trade, waiting for market to pull back into the 618 retracement before entering short.
1:1 RR which is typical for 2618 trades.