Long
IAA - Key Reversal (KR) Buy Setup
Updated
Confirmation signals
- Key reversal (KR) buy signal
- Volume spike, volume greater than the previous day's volume
- RSI at oversold region (below 30 the previous 2 days)
- Trend line respected
- KR buy at Fib retracement of 0.382
Long Entry @ 50.00
Take profit @ 54.98
Stop Loss @ 48.63
- Key reversal (KR) buy signal
- Volume spike, volume greater than the previous day's volume
- RSI at oversold region (below 30 the previous 2 days)
- Trend line respected
- KR buy at Fib retracement of 0.382
Long Entry @ 50.00
Take profit @ 54.98
Stop Loss @ 48.63
Trade active
Long @ 50.00Note
Exit at 48.63P/L= -5.15%
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