Looking at the previous chart patterns and RSI indicator, I am going to be looking for a reversal around the $55.00 level.
This could be a great opportunity to get into a long term position with huge upside potential.
The RSI looks very similar now, to how it did in December of 2018 when it went into an uptrend.
TP1 $60
TP2 $70
TP3 $90
I am mostly posting this so I can look back on my theories and see how I can improve on my trading strategies. Please leave your feedback below, thank you.
This could be a great opportunity to get into a long term position with huge upside potential.
The RSI looks very similar now, to how it did in December of 2018 when it went into an uptrend.
TP1 $60
TP2 $70
TP3 $90
I am mostly posting this so I can look back on my theories and see how I can improve on my trading strategies. Please leave your feedback below, thank you.
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