There is no divergence on the RSI. It has printed its second HH
There is no divergence on the RSI.
It has printed its second HH, so we can say that the trend has reversed and we can see a bullish trend now. Following is a safe trade setup, we will execute the trade once the second HH gets broken.
Entry Point:0.60254
Stop Loss: 0.59508
Take Profit: 0.61008
Take Profit 2: 0.61745
Risk: 2% Split into two trades
It has printed its second HH, so we can say that the trend has reversed and we can see a bullish trend now. Following is a safe trade setup, we will execute the trade once the second HH gets broken.
Entry Point:0.60254
Stop Loss: 0.59508
Take Profit: 0.61008
Take Profit 2: 0.61745
Risk: 2% Split into two trades
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.