Long PI IND
Updated
01/01/2021
Long @ 2271.80 SL 2140
Value:
Price @ Supply Zone,
Price Crosses 20 & 50 EMA Contraction,
RSI reversed from 40
Trigger:
Bullish Candle breakout Descending Channel,
Price 3% up, Price close > Last week close
RS > 0, possible descending channel breakout
Weekly Candle, Hammer
Long @ 2271.80 SL 2140
Value:
Price @ Supply Zone,
Price Crosses 20 & 50 EMA Contraction,
RSI reversed from 40
Trigger:
Bullish Candle breakout Descending Channel,
Price 3% up, Price close > Last week close
RS > 0, possible descending channel breakout
Weekly Candle, Hammer
Trade active
Stock confirming reversal. SRS & ARS are above trendline.
Add more when 1HR RSI is oversold position,
Trade closed: stop reached
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