Some positive divergence here on the weekly RSI as well...it has been quite bearish but I believe this might good buy for a bounce at least.
If the trade starts off well and I am up I will likely move to breakeven, especially if the candles are weak.
$18.27 also a spot I will watch
If the trade starts off well and I am up I will likely move to breakeven, especially if the candles are weak.
$18.27 also a spot I will watch
Trade active
Just hit entry, wish me luck!Note
Aha! Now is when I will move stops to breakeven, as I don't want to see it reverse much past closing the gap.
Note
My trade is still active but not looking very strong after that gap up...
Note
Lesson learned here -- original idea was great and got stopped out because of moving to break even to early. Save that strategy for futures!The original target has been hit and still looks rather strong. Next obstacle most likely comes in the 39-41 range...
Note
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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.