Long

Extremely Oversold Conditions

By RedPillVision

Updated

All momentum oscillators are beat into the ground.
At minimum, a relief bounce is likely.
Nothing is guaranteed.

A nine-hour candle close below ~25,123 invalidates this setup.

Good Luck. 🤝

Note

I didn't realize the Vix FIX / StochRSI Strategy would show up in the description.
Ignore that completely. It is not part of the analysis.

Note

Another view. Trade still active.

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Update. Still sitting in this trade. I have added to it on dips.

snapshot

Trade closed: target reached

Target reached. Trade closed. 🤝

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Also on:

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