Reasons to take this trade:
1) Heavy Divergence on RSI
2) Major trend line
3) Support zone
I am an intraday trader, most traders are taken and closed within hours and days. Risk:Reward will be greater than 1:1 and 1:2 most of the time.
Please take these trades with a pinch of salt and do your own analysis before entering any trades. These ideas are merely educational and do not serve to be professional financial advises for anyone.
Good luck to all and stay safe trading peepos! :)
1) Heavy Divergence on RSI
2) Major trend line
3) Support zone
I am an intraday trader, most traders are taken and closed within hours and days. Risk:Reward will be greater than 1:1 and 1:2 most of the time.
Please take these trades with a pinch of salt and do your own analysis before entering any trades. These ideas are merely educational and do not serve to be professional financial advises for anyone.
Good luck to all and stay safe trading peepos! :)