Technical, H4 time frame - Mentor: Hoseini Finacne (Iran)
RSI: Oversold zone, signaling a trend reversal, and 'Sell' order - Indicator is confirming
Chart: Triangle, candle formation outside the dynamic line, confirming
Stop Loss: Risk Ratio or above the Triangle Pattern
Take Profit: Support line or below Rectangle
PS: This is my own analysis and backtesting
RSI: Oversold zone, signaling a trend reversal, and 'Sell' order - Indicator is confirming
Chart: Triangle, candle formation outside the dynamic line, confirming
Stop Loss: Risk Ratio or above the Triangle Pattern
Take Profit: Support line or below Rectangle
PS: This is my own analysis and backtesting
Trade closed: target reached:
Take Profit reached.
35 Pips taken (adjusted TP from the initial 45 that was set at the opening of the London session)
35 Pips taken (adjusted TP from the initial 45 that was set at the opening of the London session)