Just a brief RSI observation.
As far as I've seen, every time that the RSI breaks the support line, the price dumps. I would sell at the price resistance line, as the RSI already broke the support. The pattern is valid for almost a week now.
My entry is at 7980
TP1 7700
TP2 7200
SL 8100
My entry is at 7980
TP1 7700
TP2 7200
SL 8100
Trade closed: stop reached
Trade closed. Resistance broken RSI didn't pass the support line on 1h TF.
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.