it's a clear uptrend. waiting for a re-test and retrace back. -candle patterns (it should be clear bullish candles that give you to take a long trade.) -if confirmed with high volume, enter a long trade at the cross of stoch rsi at oversold area. -set stoploss below the candle at higherlows and set take profit times 2 of stoploss.
in addition, if and if breakouts occur with bearish divergence at the overbought area and you want to trade for short. same as candle patterns for bearish and if confirmed with high volume, enter a short trade at the cross of stoch rsi at overbought area. -set stoploss above the candle with higherhighs and set take profit times 2 of stoploss.
Disclaimer: This is not a piece of financial advice. "Plan your trade. Trade as per your own terms and conditions. Don't put all your eggs in one basket. An important tip is that, as you wait, you should not chase the trades, let them come to you." by: juliefa
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