Remember?
=>"The Trend Is Your Friend!"
So I have a great trend-following setup right here.
We have a MDRP Down (=Momentum Discrepancy Reversal Point) Confirmation on the RSI. Which means: New higher high on RSI but lower high at the market. This is our strong signal that the new downrally started!
=>"The Trend Is Your Friend!"
So I have a great trend-following setup right here.
We have a MDRP Down (=Momentum Discrepancy Reversal Point) Confirmation on the RSI. Which means: New higher high on RSI but lower high at the market. This is our strong signal that the new downrally started!
Trade closed: target reached:
First Target reached! Put Stop to breakeven