Asset and Time frame -OPEN,4H
Entry Price -23.79
Exit(Stop Loss) -21.30
Exit(Take Profit) -32.38
Technical Analysis - Daily chart reached a significant support line and the 50MA,making a hammer like pattern on the daily(depends on the close), on the 4H chart the RSI couldn't get to oversold(and a hammer + confirmation pattern again), price will get back to the daily channel and return to the uptrend.
I would like to hear your opinions and what can I do to improve, many thanks
Entry Price -23.79
Exit(Stop Loss) -21.30
Exit(Take Profit) -32.38
Technical Analysis - Daily chart reached a significant support line and the 50MA,making a hammer like pattern on the daily(depends on the close), on the 4H chart the RSI couldn't get to oversold(and a hammer + confirmation pattern again), price will get back to the daily channel and return to the uptrend.
I would like to hear your opinions and what can I do to improve, many thanks