RSI shows overbought conditions and price has hit a few levels of resistance. Cypher is complete and ready to drop. Taking profit to structure levels on Bleg and Cleg.
Note
Stop reached. Trade closed. I will be looking into using larger stop placement to possibly succeed more on these type of set ups. Average True Range may be key. I have not used it yet so I have no knowledge of it. I will, really soon. Trade closed as a failed attempt.
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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.