Chartformation: Trading Range
Entry: 11.22$
Stop: 10.33$
Target: 12.40$-13.10$
Risk/Reward-Ratio: > 1:1
Descripton: The price is in a range since the end of October 2020. RSI-values below 40 generated valid buy-signals in the recent past. Otherwise a price above 11.22$ which would confirm the hammer-candle can be used as a entrypoint.
Entry: 11.22$
Stop: 10.33$
Target: 12.40$-13.10$
Risk/Reward-Ratio: > 1:1
Descripton: The price is in a range since the end of October 2020. RSI-values below 40 generated valid buy-signals in the recent past. Otherwise a price above 11.22$ which would confirm the hammer-candle can be used as a entrypoint.
Trade active
Trade closed: stop reached