Hey Traders, This is another short time-frame trade. This is an unstructured consolidation trade and when the Pattern is formed, RSI will indicate over-sold.
For better Risk and Reward, You can hit entry on 'X'/Double Bottom.
TP1 is my regular Fibo 38.2 and TP2 50.0/61.8
Follow me for more of this, the more follower I have, the more motivated for me to post more Ideas!
For better Risk and Reward, You can hit entry on 'X'/Double Bottom.
TP1 is my regular Fibo 38.2 and TP2 50.0/61.8
Follow me for more of this, the more follower I have, the more motivated for me to post more Ideas!
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Note
aggresive traders would have Big in the money!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.