$MUBARAK : Open a huge SHORT order for extreme exhaustion!
MUBARAK is showing extreme exhaustion with RSI(6) at 79.58 on the 15m chart, and a clear rejection wick at the high of 0.07352. The vertical parabolic move is unsustainable, making a mean reversion toward the MA7 at 0.06723 highly likely for quick scalping.
Entry: 0.06800 – 0.07234
Stop Loss: 0.07786
TP1: 0.06296
TP2: 0.05608
Click here to trade 👇
MUBARAK is showing extreme exhaustion with RSI(6) at 79.58 on the 15m chart, and a clear rejection wick at the high of 0.07352. The vertical parabolic move is unsustainable, making a mean reversion toward the MA7 at 0.06723 highly likely for quick scalping.
Entry: 0.06800 – 0.07234
Stop Loss: 0.07786
TP1: 0.06296
TP2: 0.05608
Click here to trade 👇