Swing trade with 3 possible entries.
Taken 1st Buy on 05 Jun-20 @ 15:50 with price of 5050
RSI on 240 minute oversold
RSI divergence possible
Taken 1st Buy on 05 Jun-20 @ 15:50 with price of 5050
RSI on 240 minute oversold
RSI divergence possible
Trade active:
Move stop to 5750 if you want to stay in the trade.
Price might stall @ 6600 and locking in some profits might be a good idea, because price moved approx 30% if you bought around 5000
Price will probably also encounter resistance/supply around the 7000 level and closing majority of volume might be advisable.
Price might stall @ 6600 and locking in some profits might be a good idea, because price moved approx 30% if you bought around 5000
Price will probably also encounter resistance/supply around the 7000 level and closing majority of volume might be advisable.
Trade closed: target reached:
It was a nice runner if you caught it!
Late entry still possible between 5100 & 5200
I'll add to my position if price falls below 4700