1. Price is at daily & 4H resistance 2. JPYX is at support level 3. RSI & stoch osc is at overbought level in 4H & 1H timeframes 4. Awesome Osc shows a divergence 5. At this zone, recent history (4H) is showing a bearish engulfing
Execution plan:
1. Sell only after price action in 15 minutes formed a HL and LL structure 2. My take profit in partial is in green dashed line 3- Stop loss is above the previous 1H candle[
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