A head and shoulders bottom formation form up, is a counter-trend trade, more importantly, the trade is still in the sell zone.
The good thing about this trade is it produces a 2:1 and that's a healthy reward for me, hence, trade engaged.
Look at how the RSI Divergence work in my favor and that is another add on why I still long when market is on its sell zone.
The good thing about this trade is it produces a 2:1 and that's a healthy reward for me, hence, trade engaged.
Look at how the RSI Divergence work in my favor and that is another add on why I still long when market is on its sell zone.
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.