XETR:RWE With 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...
XETR:RWE With using HeikinAshi candles and daily TF on $RWE, ma shows it starts a downward movement. But rsi broke the 30 line which is very rare case. Normally rsi does a single reverse from the 30 line but there are some dates to consider. For example feb-mar 2021 which rsi and price action continued to drop. Summary: Wait for few days to observe the price...
I guess RWE will go up to 47 Euro than there is a strong resisstens. 200 ema strong support now, trend channel and more let me know what you think about this
Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 31.20 EUR
I guess RWE will turn down soon as it finishes this 5 wave move.
Opening prices: LHA@12,33$ RWE@12,50$ UN01@13$ Closed all positions at 22,80$, 20,25$ and 23,17$ respectively. Here i figured i would just let loose for now and liquidate these positions. For the moment they all seem topped out and with elections coming up in Germany i figured: Take the money and run! Will be doing some further charting on these in the future...
I went long 11.15 RWE. IMO it's very cheap and ready to go up. Wait for a small pullback and try to go long. SL= 11 TP 1 = 11.77 TP 2 = 12.14