that's why i'm going for short:
1-head and shoulder pattern (waiting for right shoulder)
2- price touched the support zone (neckline)
3- RSI (14) shows a bearish divergence
notice: in daily time frame we can see another head and shoulder that shows us a bullish movements possibility!
so here we have 2 position opportunity .
short in h4 and long in daily .
lets see what happens!
1-head and shoulder pattern (waiting for right shoulder)
2- price touched the support zone (neckline)
3- RSI (14) shows a bearish divergence
notice: in daily time frame we can see another head and shoulder that shows us a bullish movements possibility!
so here we have 2 position opportunity .
short in h4 and long in daily .
lets see what happens!