kwisatz_haderach

kwisatz_haderach

The instrument has hit major support zone. Previous resistance lines also turned supports at current level. RSI at ~30. SL @ ~111.25 TP1 @ ~112.50 for 1.15:1 TP2 @ ~113.65 for 2.85:1 TP3 @ ~114.90 for 4.75:1

kwisatz_haderach

past supporting trendlines turned to strong resistance at current price level (@~54.00) plenty of area to drop in range rsi overbought conditions signaled reversal in past sl: ~55.25 (new high) safer tp: ~52.00 (strong horizontal support) riskier tp: ~51.00 (bottom of range)

kwisatz_haderach

noise at ~half way in the downer, rsi sl: ~0.72455 safer tp: ~0.71000 riskier tp: ~0.70500