Signs of uptrend with a clear RSI divergence.
Hold till overbought on RSI (week period)/resistance level reached/signs of bearish reversal
Place stop loss at 74.1
Risk/reward ratio: 4.5
PS: Whilst I am only publishing this now, this idea was not done in hindsight. I entered the position on 27/12/17, at the start of the risk/reward diagram.
Hold till overbought on RSI (week period)/resistance level reached/signs of bearish reversal
Place stop loss at 74.1
Risk/reward ratio: 4.5
PS: Whilst I am only publishing this now, this idea was not done in hindsight. I entered the position on 27/12/17, at the start of the risk/reward diagram.