I did not include the MACD Indicator and the RSI (7) MACD is showing a SELL signal at the blue box peak of the pattern. RSI is showing Showing HIDDEN DIVERGENCE. Take this into consideration as it plays a key role, In trend reversal that is! Put these indicators on your charts and you will see!
Have a good one.
CharlieFX
Comment
If you are an aggressive trader, you can move your stop to the green resistance line!
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