Take this trade if comming candles are closing above 446 ( 1.272 extension of XA ) or are atleast not going lower than 442.
We are at a major support level here so a bounce is not unlikely anyway.
RSI extremely low aswell.
Target : 470
All in all a setup worth watching.
We are at a major support level here so a bounce is not unlikely anyway.
RSI extremely low aswell.
Target : 470
All in all a setup worth watching.
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Related publications
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.