- Potential reversal play for 
RAY
- Based on MACD histogram divergence (Jesse Livermore method).
Will take profit around the confluence zone of Fibonacci extension and price resistance zone ($2.83), SL @ $2.50 (5% risk)
Risk to reward ratio at 3:1
RAY- Based on MACD histogram divergence (Jesse Livermore method).
Will take profit around the confluence zone of Fibonacci extension and price resistance zone ($2.83), SL @ $2.50 (5% risk)
Risk to reward ratio at 3:1
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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.