This bearish bat pattern has already completed with all criteria met.
However, RSI has not shown a good signal for me to enter yet.
I will like RSI to at least drop down to 70 and below before considering a short.
Once again, SL for daily chart is bigger, do adjust lot size before entering an order.
- Price closed inside PRZ
- RSI at overbought level
However, RSI has not shown a good signal for me to enter yet.
I will like RSI to at least drop down to 70 and below before considering a short.
Once again, SL for daily chart is bigger, do adjust lot size before entering an order.
Note
Trendline resistance respected so far, looking good.Trade closed: target reached
TP1 hit.
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.