Potential short. RSI Divergence, wave trend oscillator indicator, potential double top at an area of daily structure.
My entry will be engulfing candle at this area.
My entry will be engulfing candle at this area.
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Unfortunately close above the wick of the previous highest candle invalidates double top.
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Didn't enter because of the invalid double top however, an aggressive entry could have been based on the engulfing candle. Would've been a nice trade