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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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.