The price broke out of the downtrend line with high volume and rallied to change the market structure. The RSI moved to 70+ region, and therefore it may cool down a bit before moving up again. This will give a retest of the previous high, 950-960 region. Long positions can be opened on this retest. The target which I am looking at is 1084.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
If you like my charts, make sure to share and comment.
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
If you like my charts, make sure to share and comment.
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
Global Community Manager,
TradingView
TradingView
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Global Community Manager,
TradingView
TradingView
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。