1. RSI in oversold region
2. Price likely to rebound back to the mean
Trade Rules:
Entry Trigger - RSI has cross below oversold region
Exit Trigger - Close price cross above exit trigger (Red Line)
Enter long at market
2. Price likely to rebound back to the mean
Trade Rules:
Entry Trigger - RSI has cross below oversold region
Exit Trigger - Close price cross above exit trigger (Red Line)
Enter long at market
Trade active
Entry Price: 468.80Trade closed: target reached
Price closed above exit trigger, close at market on openNote
Exit Price: 482.47P/L: 2.92%
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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.
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.