Bat pattern has just completed with RSI at oversold level.
Do not buy now, wait for current hour candle to complete and see if RSI shows any sign of reversal back to 30.
Alternatively, use 30 minute chart for good entry.
R:R at 1.1 (TP1) and 1.8 (TP2).
Do not buy now, wait for current hour candle to complete and see if RSI shows any sign of reversal back to 30.
Alternatively, use 30 minute chart for good entry.
R:R at 1.1 (TP1) and 1.8 (TP2).
Note
Shift SL to breakeven, price seems to be following the bearish ED channel drawn below :Trade closed manually
Closed at breakeven.
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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.