Look at that nice reversal Candle at the downside of the Channel.
That looks really awsome, i just have to trade.
Very Nice RR.
To sum up
- reversal candles
- channel downside
- RSI oversold
-Nice Structure level
TAKE PROFIT AT Structure levels Above. T1
AND you could choose to divide your Long Position into 2 parts.
One taken off at T1, then trade to break even and second Target T2 at the Fib Extensions + Channel Upside (which looks great aswell!! Channel upside + Fib Extension!)
BUT! You could choose to go long after more downside action, because the Daily RSI is not too oversold yet....
but check the hourly aswell.. looks really nice :)
Worth taking...im in
That looks really awsome, i just have to trade.
Very Nice RR.
To sum up
- reversal candles
- channel downside
- RSI oversold
-Nice Structure level
TAKE PROFIT AT Structure levels Above. T1
AND you could choose to divide your Long Position into 2 parts.
One taken off at T1, then trade to break even and second Target T2 at the Fib Extensions + Channel Upside (which looks great aswell!! Channel upside + Fib Extension!)
BUT! You could choose to go long after more downside action, because the Daily RSI is not too oversold yet....
but check the hourly aswell.. looks really nice :)
Worth taking...im in