Pros:
1 - Bearish Cypher Pattern (Red formation);
2 - RSI almost in overbought conditions;
3 - Fairly good resistence (Orange Square).
Cons:
1 - Breakout of the resistence area (Orange Square).
1 - Bearish Cypher Pattern (Red formation);
2 - RSI almost in overbought conditions;
3 - Fairly good resistence (Orange Square).
Cons:
1 - Breakout of the resistence area (Orange Square).