EUR/CHF False Breakout AND Double Top+RSI Divergence
Updated
Hi Traders!
This pair has put in false breakout as well as Double right after. There is also Bearish divergence on RSI confirming bearish bias.
Currently pair has broken previous structure support, turning it to a resistance.
Sell @ 1.13302
ATR Based stop loss above the previous heights @ around 1.13478
First take profit target @ 1.13052
Second take profit target @ 1.12810
This pair has put in false breakout as well as Double right after. There is also Bearish divergence on RSI confirming bearish bias.
Currently pair has broken previous structure support, turning it to a resistance.
Sell @ 1.13302
ATR Based stop loss above the previous heights @ around 1.13478
First take profit target @ 1.13052
Second take profit target @ 1.12810
Trade closed: target reached
1st and 2nd target filled.Disclaimer
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