The divergence between price and STO-RSI indicator alerts a reversal is imminent, as the price is now is in the overbought area.
It is advisable to monitor any Japanese reversal candlestick pattern at below supports, coupled with oversold STO-RSI indicator, to make an entry:
• 0.445 (38.2% FR)
• 0.410 (50% FR)
• 0.375 (61.8% FR)
Note: This trading idea is for educational purpose only and not to be construed as a buy call. The mantra of TAYOR and caveat emptor shall apply.
It is advisable to monitor any Japanese reversal candlestick pattern at below supports, coupled with oversold STO-RSI indicator, to make an entry:
• 0.445 (38.2% FR)
• 0.410 (50% FR)
• 0.375 (61.8% FR)
Note: This trading idea is for educational purpose only and not to be construed as a buy call. The mantra of TAYOR and caveat emptor shall apply.
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.
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.