Reason To Trade:
1. The last H4 Candle was rejected by the resistance.
2. There is a Bearish Divergence. Last time it has divergence, the price went down significantly. Will it also be like the last divergence?
3. William's Percent Range is in the extreme overbought area and begin to facing down.
4. Risk Reward Ratio seems pretty good to me.
Well, let's see where it'll go. Will it going down as predicted or it just continue going up.
Disclaimer on.
GG - 2013.10.28
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