Why we are entering this trade: Higher low on RSI oversold region, acting as support.
Target: horizontal line resistance
Would have liked to have: Bullish divergence, but that is very rare on the 4 hour.
Not
I forgot to add that this can be looked at as a 4hr DIVERGENCE, which is a very powerful signal. Because price is flat, while the RSI has a positive sloped support.
Not
Guys im extremely sorry that i'm careless when drawing these risk reward ratio/targets. your stoploss should be set at 0.4685
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.