This trading system is based on the divergence between the price and the RSI indicator and Fibonacci levels.
In the H4 chart, it can be seen that level 1 was broken and the price reached level 1.27. Levels 1.62 and 2 at prices 113,400 and 115,400 are the next targets.
Of course, the breakdown of level 1 may have a pullback.
I will post a short-term analysis on the 15-minute time frame in other posts.
In the H4 chart, it can be seen that level 1 was broken and the price reached level 1.27. Levels 1.62 and 2 at prices 113,400 and 115,400 are the next targets.
Of course, the breakdown of level 1 may have a pullback.
I will post a short-term analysis on the 15-minute time frame in other posts.
Trade active
The price reached the next target at the level of 1.62 at the price of 113400.Take profit.
Trade closed: target reached
The price reached the next target at the level of 2 at the price of 115400.
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.
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.