risky scalp for the retest of broken rising wedge
Even though the price is in a downtrend, it still has to retest the broken wedge.
Also, we can see that the RSI is at the bottom of its range where it has rebounded from it multiple times.
This is a good entry as I am expecting a move up imminently.
Also, we can see that the RSI is at the bottom of its range where it has rebounded from it multiple times.
This is a good entry as I am expecting a move up imminently.
Order cancelled
No the market is in a big downtrend I should not be taking longs ..
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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.