This forex setup on the TradingView chart is very clear:
- The price and the RSI Exhaustion are in divergence
- The RSI Exhaustion is bullish exhausted
- There is a confirmed top
Additionally, the price is currently just below a major resistance level, so the chances that it will move lower are extremely high.
We just need to set a safe stop loss slightly above the resistance indicated by the Levels and Zones and then pick a high probability target.
To do so, we look at the most recent price action and identify an interesting level, right at the bottom of the current upward movement.