Looking for midweek set up. Daily has an inverse head and shoulders with a low created at 1.49502 in addition created the bottom of the channel you see above. There may be room to take a short position but we have heavy support at 1.48304.
Trade Setup’s:
Enter Short @ 1.5150
Stop Loss set @ 1.5195
TP1: 1.44234
TP2: 1.35682
Weekly Stochastic RSI: Overbought
Trade Setup’s:
Enter Short @ 1.5150
Stop Loss set @ 1.5195
TP1: 1.44234
TP2: 1.35682
Weekly Stochastic RSI: Overbought