A potential long set up here.
1 hidden bullish divergence, with both jewlite rsi pointing upwards giving a signal that a short term long are building up. Stop loss very close giving us a reward ratio at 10.5
with tp at:
TP1: 0.7994
TP2: 0.8131
TP3: 0.8311
TP4: 0.8498
5-10x leverage (dont use more than 5-10% of portfolio for a trade like this, but since the stop loss are so close and reward so high, i look at this as a fully worthy trade to take with a loss so small if we are stopped out.
1 hidden bullish divergence, with both jewlite rsi pointing upwards giving a signal that a short term long are building up. Stop loss very close giving us a reward ratio at 10.5
with tp at:
TP1: 0.7994
TP2: 0.8131
TP3: 0.8311
TP4: 0.8498
5-10x leverage (dont use more than 5-10% of portfolio for a trade like this, but since the stop loss are so close and reward so high, i look at this as a fully worthy trade to take with a loss so small if we are stopped out.