RSI divergence with sign of momentum exhaution!
Bias: Short (sell) bias while price remains below the short‑term Alligator and below the nearest resistance.
Entry: Enter a short on a pullback into the resistance zone 0.9975–1.0000 or on a break below immediate support 0.9940 for momentum entry.
Stop‑loss: Place stop above 1.0020–1.0040 (above the red stop zone / recent swing high).
Take‑profit: First target 0.9900–0.9920; extended target 0.9850 if momentum continues.
Risk/Reward: Depending on exact levels.
Bias: Short (sell) bias while price remains below the short‑term Alligator and below the nearest resistance.
Entry: Enter a short on a pullback into the resistance zone 0.9975–1.0000 or on a break below immediate support 0.9940 for momentum entry.
Stop‑loss: Place stop above 1.0020–1.0040 (above the red stop zone / recent swing high).
Take‑profit: First target 0.9900–0.9920; extended target 0.9850 if momentum continues.
Risk/Reward: Depending on exact levels.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.