Reasons to take this trade:
1) Heavy Divergence on RSI
2) Major trend line
3) Support zone
I am an intraday trader, most traders are taken and closed within hours and days. Risk:Reward will be greater than 1:1 and 1:2 most of the time.
Please take these trades with a pinch of salt and do your own analysis before entering any trades. These ideas are merely...
One market open trade to consider!
Reasons to take this trade:
1) Divergence on RSI
2) Double bottom formation with wicks to hunt low of first leg
3) Support zone
4) Huge bearish movement before due to fundamentals, in for a retracement
Consider play:
Buy GBPJPY @ 144.33
TP1 145.05
TP2 145.25
TP3 145.553
SL 143.97
I am an intraday trader, most traders are taken...
