As I go through the charts during my evening analysis, I saw I got filled on this 2618 that offers a good risk to reward.
Price had put a nice double top with RSI overbought on first top and RSI divergence as it came to retest.
I missed the aggressive entry on the retest (got a good looking bearish candle closing under the previous bullish one at the retest) so had to be patient and wait for a potential 2618.
Interesting to note also that the 618 retracement lines up with previous structure, so a nice entry point
Target 1 at retest of structure and target 2 at 127 fib extension which is a bit lower than orevious low.
Stop above 113 fib extension of the last move down
Price had put a nice double top with RSI overbought on first top and RSI divergence as it came to retest.
I missed the aggressive entry on the retest (got a good looking bearish candle closing under the previous bullish one at the retest) so had to be patient and wait for a potential 2618.
Interesting to note also that the 618 retracement lines up with previous structure, so a nice entry point
Target 1 at retest of structure and target 2 at 127 fib extension which is a bit lower than orevious low.
Stop above 113 fib extension of the last move down