Remember?
=>"The Trend Is Your Friend!"
So I have a great trend-following setup right here.
We have a MDRP Down (=Momentum Discrepancy Reversal Point) Confirmation on the RSI. Which means: New higher high on RSI but lower high at the market. This is our strong signal that the new downrally started!
=>"The Trend Is Your Friend!"
So I have a great trend-following setup right here.
We have a MDRP Down (=Momentum Discrepancy Reversal Point) Confirmation on the RSI. Which means: New higher high on RSI but lower high at the market. This is our strong signal that the new downrally started!
Trade closed: target reached
First Target reached! Put Stop to breakeven
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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.
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.