trade starts with 4h breaking linear regression channel, that came from a downtrend.
confluently, rsi line on daily breaks to upside on the same day.
with the downtrend established but then reversed, it is smart to let the price pull back to a lower entry price which happens in two days.
then the rest is history, as it notches many consecutive days of gains.
confluently, rsi line on daily breaks to upside on the same day.
with the downtrend established but then reversed, it is smart to let the price pull back to a lower entry price which happens in two days.
then the rest is history, as it notches many consecutive days of gains.
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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.