BRACBANK

BRACBANK

A simple trade using a harmonic three drive and RSI . Entry for the trade has already gone. But it could be useful to point to the setups and conditions around it, because it provide a great example of combining high probability technicals to initiate a trade. 

The price provided a great shorting opportunity after completing a three drives pattern around 58/59 level. A long upper wick was formed at that level confirming a high chance reversal. Meantime, RSI Divergence supported the short scenario. 

All my ideas are just my personal view. Trade Your own view.