Breakout with RSI Momentum
Scenario: Price breaks 138.06 with RSI > 50 (bullish momentum).
Action:
Entry: Buy on retest of 138.06 as support.
Target: 150.02 → 160.00 → 200.00.
Stop-Loss: Below 126.23 (previous resistance turned support).
Scenario: Price breaks 138.06 with RSI > 50 (bullish momentum).
Action:
Entry: Buy on retest of 138.06 as support.
Target: 150.02 → 160.00 → 200.00.
Stop-Loss: Below 126.23 (previous resistance turned support).
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.