Rules for RSI 80-20 Reversal Strategy on chart
Short Confirmations -
Divergence
Price stretched away above 50 sma
Macd Overbought & crossed below Red line
RSI Overbought and falling
Short Confirmations -
Divergence
Price stretched away above 50 sma
Macd Overbought & crossed below Red line
RSI Overbought and falling
Komentar:
Market timing on this pair was wrong - 2 other possible short trades
Komentar:
I had a buy stop and sell stop. Buy hit and take profit was made. Now I am watching for a morning star reversal bearish candle pattern to form and i will make another buy stop above previous take profit level.
Komentar:
Morning star candle pattern formed for sell
Come learn a new trading strategy at tradingstrategyguides.com?utm_source=tradingview
Our free Telegram channel: t.me/TradingStrategyGuides
Our free Telegram channel: t.me/TradingStrategyGuides