Asset and Time frame - AMD,Hourly chart Entry Price -30.125 Exit(Stop Loss) -29.44 Exit(Take Profit) -33.51(RRR 4.9) The range between SL and entry -0.685 Cent
Technical Analysis - Hourly chart breaks a correction trend line in an attempt to continue the uptrend,100 SMA and the trend line are being used as support, and also the 4-hour chart 100SMA,i've lied down a tight stop loss in attempt to fulfil a RRR of 4. Why not enter the trade -Price already made a strong move up and could be dried up of power. Is the Market overbought or Oversold -X What direction does the market move -Daily is bullish,4 hours bearish
What can be improved - Conclusion & End of Trade -