There is no divergence on the RSI. It has printed its second HH
There is no divergence on the RSI.
It has printed its second HH, so we can say that the trend has reversed and we can see a bullish trend now. Following is a safe trade setup, we will execute the trade once the second HH gets broken.
Entry Point: 85.267
Stop Loss: 84.310
Take Profit:86.241
Take Profit 2: 87.198
Risk: 2% Split into two trades
It has printed its second HH, so we can say that the trend has reversed and we can see a bullish trend now. Following is a safe trade setup, we will execute the trade once the second HH gets broken.
Entry Point: 85.267
Stop Loss: 84.310
Take Profit:86.241
Take Profit 2: 87.198
Risk: 2% Split into two trades