EURUSD Trend Reversal Trade- RSI Overbought on 4 Hour (This is very significant - Check out Trade revenue pro blog for why)
- RSI shows divergence on the 1-Hour chart
- Price is at the previous HL if this level broke the whole trend is going to invalidate.
Note
A Head and Shoulder Pattern Formed in EURUSD. This even confirms the trend reversal.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.