Description
⋅ NYSE:QSR got oversold on the RSI, MACD and Stochastic RSI. Currently bounced back from the 0.786 Fibonacci level on the daily chart.
Entry strategy: wait for the next bullish candle which crosses the 57.10 level. Trade active
⋅ Trade is active. Price crossed the entry level.
Comment
⋅ Can move stop loss to entry level, if someone wants to minimize risk.
Trade closed: target reached
⋅ Price reached the profit target level. It was a great trade.
Comment
⋅ Profit: 6.9%