Daily oversold level on the RSI, we had a long week of selloff..A bounce should be expected.
Double TOP on weekly, the neck's correction should take place.
Double bottom on 4h frame / Significant Weekly candle closure above a historical support.
Risk 2% on this trade.
Stop loss : 1.76
OPEN TARGET
Double TOP on weekly, the neck's correction should take place.
Double bottom on 4h frame / Significant Weekly candle closure above a historical support.
Risk 2% on this trade.
Stop loss : 1.76
OPEN TARGET
Note
Stoploss moved to 1.77
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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.