signal to sell overbought pair

١٤ فبراير ٢٠١٩

hey traders,

I am still looking for signals to sell very overbought market on dollar yen.

on 4h chart RSI is heavily overbought.


now I am waiting for a bearish violation of a rising wedge pattern.
as you see the market is coiling around 111.1 level and we see rejection candles.

your target will be based on structure.

stop will be above the market high.

good luck!

١٤ فبراير ٢٠١٩

ملاحظة

breakout

١٤ فبراير ٢٠١٩

ملاحظة

hit the initial target

١٤ فبراير ٢٠١٩

ملاحظة

attempt to go lower

١٥ فبراير ٢٠١٩

ملاحظة

holding the position