Early entry at the break of the trendline.
Additionally there have been rsi divergence.
Let's see if it can break the level around 0.7500
Reward to risk ratio 1.75. Stop above recent highs. Target at support level.
Additionally there have been rsi divergence.
Let's see if it can break the level around 0.7500
Reward to risk ratio 1.75. Stop above recent highs. Target at support level.
Note
Need to prove patience with this one. Still valid trade idea because the high wasn't taken out and price could be forming a potential double top.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.