Hi guys, this is yet another simple chart based on a pattern that works 90% of the time. It's the rsi reversal, coupled with other trends you can take in impressive profits quickly.
The volume is high but it's sell volume (red candle). Following position can be taken. Also 4k is a resistance on psychological level.
If you like my analysis please consider following and share the idea.
Open: Market
TP: 3940 - 1
3920 - 2
SL: 4005
The volume is high but it's sell volume (red candle). Following position can be taken. Also 4k is a resistance on psychological level.
If you like my analysis please consider following and share the idea.
Open: Market
TP: 3940 - 1
3920 - 2
SL: 4005
