Alex_Quiroga
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Rising interest rates = Buy Banks (#3 RBS)

NYSE:RBS   ROYAL BANK OF SCOTLAND GROUP PLC NEW (THE) ADS
Like in a stairway the price is making Higher Highs and Higher Lows (Trending) now we have to wait for a retracement for entry at a better price and avoid a whipsaw.
The other aspect here is the intentions of the investor or trader. Here I leave the two options
Let's suppose that we buy at 7.80 then there are two possible targets here:
The first is a swing trade with a target around 12.00
The second is a position trade with the expectation that the price surpass the 12.00 area.

I share my ideas with honesty and humility, without falling into something called “illusion of control“

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