Buy if RSI goes above 50 in the 4 Hours chart. For the safer side, you can also purchase on Retrace.
ENTRY: 273
TARGET 1: 279 (@ Weekly Pivot Resistance)
TARGET 2: 290
SL: 267
Positive:
1) RSI Divergence (@4 Hour Chart)
2) Above Day pivot
3) Small selling candle shows less selling pressure
Negative:
1) Downtrend
2) Forming Lower Low.
3) Risky Trade
ENTRY: 273
TARGET 1: 279 (@ Weekly Pivot Resistance)
TARGET 2: 290
SL: 267
Positive:
1) RSI Divergence (@4 Hour Chart)
2) Above Day pivot
3) Small selling candle shows less selling pressure
Negative:
1) Downtrend
2) Forming Lower Low.
3) Risky Trade
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