Mean Reversion Setup: XLP

8 Oca

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

Notes: Maximum of 3 open positions

8 Oca

İşlem aktif

Entered Long @ 76.61

8 Oca

İşlem kapandı: hedefe ulaştı

Price closed above exit trigger, close at market on open

9 Oca

Not

Exited Long @ 78.43
Profit = 2.38%