NZDCAD - Bearish RSI divergence; Scalp trade

2019-11-14 20:31:34

PAIR IN FOCUS: NZDCAD
ACTION: SHORT
HORIZON: SCALP

A bearish RSI divergence signal on the H4 time frame offers a SHORT opportunity as it signals an incoming price correction. TP level is a nearby S/R level. Do note that it is possible to form a Triple Top before the price correction starts, therefore, manage your risk accordingly.

Feel free to discuss and comment, Cheers!

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