For those who had spotted this earlier, you might have went long on where I have indicated, where RSI had just left the oversold level.
It is a good entry as rules for harmonic trading were followed.
Price has been hovering at PRZ for about 2 days, however, I see that RSI is slowly showing strength again.
I will look to long next week.
Not very ideal R:R at about 1 (TP1) and 1.8 (TP2), so you guys decide for yourselves whether or not to take this trade.
News to note :
It is a good entry as rules for harmonic trading were followed.
Price has been hovering at PRZ for about 2 days, however, I see that RSI is slowly showing strength again.
I will look to long next week.
Not very ideal R:R at about 1 (TP1) and 1.8 (TP2), so you guys decide for yourselves whether or not to take this trade.
News to note :
- Tue 23/5 CHF Trade Balance, CAD Wholesale Sales
- Wed 24/5 BOC Interest Rate Decision
Trading ditutup: target tercapai:
TP1 hit.