- it hits the support line (the purple one)
- it hit the EMA50 which is support price and we have another support price on EMA100(around 11400)
- a doji candle formed at the support line
- if the price can't form a candle closed under the support line, we will see the divergence on RSI,
and our target will be the upper purple line, around 13500.
at current price, the rate R:R is quite OK to buy & hold if you're a long trader
Trade closed manually
broke down the support
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.
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.