Bearish setup
Exhaustion of uptick in the downtrend, I call this setup the brutal setup.
Bearish because Stoch RSI gets overbought and turning down, while 2 ATR line of EFI is slightly above zero (should be slightly above or lower then that)
Entry 102065
SL: 102848
Target: 100630
Trade no: #00003
Exhaustion of uptick in the downtrend, I call this setup the brutal setup.
Bearish because Stoch RSI gets overbought and turning down, while 2 ATR line of EFI is slightly above zero (should be slightly above or lower then that)
Entry 102065
SL: 102848
Target: 100630
Trade no: #00003
Trade closed: target reached
Trade closed, target hit!Stoploss nearly hit as well, only 45$ away ;)
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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.