Long Trade on HSIL
Very High Probability Trade because of 4-factor confluence:-
1. RSI Divergence on 1-hr Time Frame
2. Inverse Head and Shoulder on the 1-hr time frame
3. Price is near weekly support level
4. Weekly candles are being formed with long wicks, rejecting a level of 147 (Which is the stop-loss point)
When Trade will be confirmed?
1. Let it break the downtrend trendline
2. Let it close above 50 EMA on the daily frame
Target - 200
Stoploss - 145
Entry - Near 160
Risk Reward - 15:40 = 1:2.7
This is for education purposes only. Thanks
1. RSI Divergence on 1-hr Time Frame
2. Inverse Head and Shoulder on the 1-hr time frame
3. Price is near weekly support level
4. Weekly candles are being formed with long wicks, rejecting a level of 147 (Which is the stop-loss point)
When Trade will be confirmed?
1. Let it break the downtrend trendline
2. Let it close above 50 EMA on the daily frame
Target - 200
Stoploss - 145
Entry - Near 160
Risk Reward - 15:40 = 1:2.7
This is for education purposes only. Thanks
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.