Confirmation signals
- Key reversal ( KR ) buy signal
- Volume spike, volume greater than the previous day's volume
- RSI at oversold region (below 30 the previous 2 days)
- Trend line respected
- KR buy at Fib retracement of 0.382
Long Entry @ 50.00
Take profit @ 54.98
Stop Loss @ 48.63
Trade active:
Long @ 50.00
Comment:
Exit at 48.63
P/L= -5.15%
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P/L= -5.15%