Do not pay attention to the trendlines and support lines, it's on algorithmic for this picture.
The target on the downside to start thinking about longs was between 25k and 26k. The oversold signal on the RSI gives me the entry, the trade is already open and running.
The risk is 200usd since the ratio is 103-1. Yes, it might be too much, but that's the strategy, with a 70% win rate, and a 75RR average. If you are interested in this strategy, hit me up, and ill share it for free with you, the idea is to create a community where everyone can thrive in this business.
The target on the downside to start thinking about longs was between 25k and 26k. The oversold signal on the RSI gives me the entry, the trade is already open and running.
The risk is 200usd since the ratio is 103-1. Yes, it might be too much, but that's the strategy, with a 70% win rate, and a 75RR average. If you are interested in this strategy, hit me up, and ill share it for free with you, the idea is to create a community where everyone can thrive in this business.
Comment:
You can check my previous Idea to have a more profound idea of what I'm talking about.