OATS RESISTANCE BREAKOUT
Updated
oars is showing a potential breakdown, if price breaks 225 i expect a bigger move. this set up looks better on lower time frames, but i don't have it on tradingview. also adding weight to to the trade is the RSI below 50, the Slowstoch is down trending, and also a nice sell set up a few days ago in the moving average zone marked by the yellow arrow.
Trade closed: target reached
this trade went on to make 3:1 profit
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.