Respecting Trendline / RSI above Trend Line on Weekly basis
Updated
Rationale :
Price respecting long term trend line
RSI broken above trend line.
Trade Setup :
Entry : Arround 490
Target 1 : 520
Target 2 : 560
SL : 470 (trail as per the targets)
Price respecting long term trend line
RSI broken above trend line.
Trade Setup :
Entry : Arround 490
Target 1 : 520
Target 2 : 560
SL : 470 (trail as per the targets)
Trade active
1st target of 520 Hit partial book.. balance heading for 2nd target
SL revised to 500
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