1. RSI>50, indicating upward momentum
2. Market is showing a bounce from Daily support
3. Broke and retested 50 EMA and H1 mini zone
4.We can buy at the current price level or at the break of the previous high
5. Apply proper risk management rule, preferably 2.1 risk to reward.
2. Market is showing a bounce from Daily support
3. Broke and retested 50 EMA and H1 mini zone
4.We can buy at the current price level or at the break of the previous high
5. Apply proper risk management rule, preferably 2.1 risk to reward.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.