Entry triggers:
1) bearish divergence (RSI HL and LL on the chart)
2) ending diagonals
3) 5 waves in
4) bounce at support
5) break of the horizontal resistance(trend line connecting 2 and 4)
6) retest
7) increase in volume
RR:3.29
Initial sl (initial protective stop set under slightly under wave 5, after the trade starts moving in our direction move it up)
tp: golden pocket on fib retracement
1) bearish divergence (RSI HL and LL on the chart)
2) ending diagonals
3) 5 waves in
4) bounce at support
5) break of the horizontal resistance(trend line connecting 2 and 4)
6) retest
7) increase in volume
RR:3.29
Initial sl (initial protective stop set under slightly under wave 5, after the trade starts moving in our direction move it up)
tp: golden pocket on fib retracement
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