As RSI indicator is close to 30, we can expect that the price will decrease a little bit more to reach the support level , then we expect a trend reversal , so we suggest to take a long position.
Entry: when the price retest the support level;
Target: at the resistance level;
Stop loss: as in the chart (6,22%).
Entry: when the price retest the support level;
Target: at the resistance level;
Stop loss: as in the chart (6,22%).
Trade closed: stop reached
stop loss hit
💥 Free signals and ideas ➡ t.me/vfinvestment
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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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.