Counter to Continuation Trade
Potential Counter Trend Trade :-
1. Market RSI Oversold and RSI Divergence is seen.
2. Buy Target can be
- Minor resistance
- Missed Pivot Level
- Daily Level Support
SL can be below the Low, a R:R of 1:1+
Then.. Potentially it could be a Continuation Trade back to the Support Level after hitting those levels
1. Market RSI Oversold and RSI Divergence is seen.
2. Buy Target can be
- Minor resistance
- Missed Pivot Level
- Daily Level Support
SL can be below the Low, a R:R of 1:1+
Then.. Potentially it could be a Continuation Trade back to the Support Level after hitting those levels
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