XRD forming a double bottom. If the market recovers this has a good probability of a rally.
MACD is low and about to come up.
RSI is Oversold.
Falling Wedge Pattern has a high probability of breaking to the upside. Measured move is 41% gain. Even if we get half of this its 20%.
Risk to reward ratio is Excellent!!
MACD is low and about to come up.
RSI is Oversold.
Falling Wedge Pattern has a high probability of breaking to the upside. Measured move is 41% gain. Even if we get half of this its 20%.
Risk to reward ratio is Excellent!!
Note
Currently up on the trade and moved stoploss to entryNote
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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.