Mean Reversion Trade: NXPI

7 Ağu

1. RSI in oversold region
2. Price likely to rebound back the the mean

Trade Rules:
Entry Trigger - RSI has cross below oversold region, enter limit buy at close price
Exit Trigger - Close at market when close price cross above exit trigger (Red Line)

7 Ağu

İşlem aktif

Entered Long @ 205.92

13 Ağu

İşlem kapandı: hedefe ulaştı

Price closed above exit trigger, close at market on open

14 Ağu

Not

Exited Long @ 220.77
P/L = 7.21%