US30 Bearish (23-02-2024)
1. There is Pin-Bar Candle existed in 4H Chart.
2. Stoch are overbough at 90%.
3. Price pullback and retest the support resistance area.
4. SL should cover the all the Pin Bar area include the wicks.
5. if we take closer look at 1 H chart the stoch are currently below 80%.
We want to make sure once the stoch has reach 90% overbought or oversold area.
don't take trade immediately wait until it drop below 80% and between 70% area.
SL: 39157
Target Profit: 38315
2. Stoch are overbough at 90%.
3. Price pullback and retest the support resistance area.
4. SL should cover the all the Pin Bar area include the wicks.
5. if we take closer look at 1 H chart the stoch are currently below 80%.
We want to make sure once the stoch has reach 90% overbought or oversold area.
don't take trade immediately wait until it drop below 80% and between 70% area.
SL: 39157
Target Profit: 38315
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