What tells us about the upcoming reversal?
- Peaking RSI and decreasing in momentum
- Demand zone
- 0,618 Fibonacci
What do we need in order to trade short?
- Reversal candlestick pattern
- Closure under demand-zone
Remember to put stop loss above demand zone and have a nicely done RR and analysis for yourself :)
- Peaking RSI and decreasing in momentum
- Demand zone
- 0,618 Fibonacci
What do we need in order to trade short?
- Reversal candlestick pattern
- Closure under demand-zone
Remember to put stop loss above demand zone and have a nicely done RR and analysis for yourself :)
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.