According to the signal RSI - the price is in the oversold zone - this is a signal to sell. According to candlestick analysis, I noticed three consecutive "hung" - this is a signal to sell. The volume of trading is also decreasing.
In recent days, the price has grown well and I think that today there will be a correction.
for sale 0.77
target 0.69 and possibly 0.63
stop-loss 0.82
In recent days, the price has grown well and I think that today there will be a correction.
for sale 0.77
target 0.69 and possibly 0.63
stop-loss 0.82
Note
I meant overbought) sorryNote
Trade closed: stop reached
Note
in general, the model is true. Wrong time chosen for sale.The first target was achieved.
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Related publications
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.