Ray Trend reversal trade
Setup: On the daily timeframe, we can Ray is stuck in a range and that there is RSI divergence. We then go down to the 4hr timeframe where we see that Ray has broken out of the range, signifying a trend reversal.
Entry:3
TP: 4.3265, 5.54( my TP targets are quite conservative as I think BTC is going to face resistance at 45k)
SL: ATR trailing stop loss of 3.1 value at 2.74 currently
Entry:3
TP: 4.3265, 5.54( my TP targets are quite conservative as I think BTC is going to face resistance at 45k)
SL: ATR trailing stop loss of 3.1 value at 2.74 currently
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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.