RWEWith using HeikinAshi candles and daily TF on
RWE, ma shows it starts a downward movement. But rsi broke the 30 line which is very rare case.Normally rsi does a single reverse from the 30 line but there are some dates to consider. For example feb-mar 2021 which rsi and price action continued to drop.
Summary: Wait for few days to observe the price action and rsi . At this time moving at both direction is possible.
Trade active
Although the index does not have a strong upward movement, I long it.The fed chair talk is at 15:00 and the DAX does not show a upward movement.
Trade closed: target reached
target on long 3x reached! 5.5% profit.
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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.