Short
BCHUSD 30 m Short Trade EFC Indictor example only
This is an example only of how the EFC Indicator finds trade trigger candles from RSI signals which will have divergence between the RSI and Price Action. The painted trigger candle open is used as a enter level with a stop order. This example had a sell stop order @ 664.0000. Possible targets can be Fib levels as shown in this example of TP1 @ 61.8%, TP 2 @ 78.6% and TP 3 @ 100%.
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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.
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.