1. head and shoulder pattern.
2. price is near of resistance zone on weekly time frame.
3. price is in right shoulder .
4. we can see a bearish divergence on RSI (14).
5. reversal candlestick on h1 time frame.
6. risk to reward potential is 1:2 !
2. price is near of resistance zone on weekly time frame.
3. price is in right shoulder .
4. we can see a bearish divergence on RSI (14).
5. reversal candlestick on h1 time frame.
6. risk to reward potential is 1:2 !