This is the only R:R what I'm seeing now to play out.
Divergence on 4H chart, perfect channel downwards until 9.5k
7% profit target, 1,5% stop.
As you see, the R:R ration is only interesting for BEARS.
200EMA 4H retest and fail -> good for BEARS too.
I'm not sure play this trade out, just an idea for now.
Divergence on 4H chart, perfect channel downwards until 9.5k
7% profit target, 1,5% stop.
As you see, the R:R ration is only interesting for BEARS.
200EMA 4H retest and fail -> good for BEARS too.
I'm not sure play this trade out, just an idea for now.
Order avbruten:
Looks like some breakout on 4H.
Maybe jus a bulltrap, but the RSI already broked out., and I believe him more than any oscillator.
Looks like some breakout on 4H.
Maybe jus a bulltrap, but the RSI already broked out., and I believe him more than any oscillator.
Handel aktiv:
CONCLUSION
On indecisive market (like the past few days) there may be traps in any direction, even on RSI!
For now there is a beautiful deadcatbounce at 0.618 fib.
More down more expected.
On indecisive market (like the past few days) there may be traps in any direction, even on RSI!
For now there is a beautiful deadcatbounce at 0.618 fib.
More down more expected.