$OMER - Renko - Bullish trend reversal

٣١ أغسطس ٢٠٢٠OMER - Renko (90 ATR, 90 min)
we use stoch/mfi/rsi together with default settings.

this is a very choppy chart to analyze if you chart it normally.
renko allows us to filter that choppiness.

Stoch oversold, MFI on trigger zone, RSI moving to oversold zone.

we must wait for the price to reverse to neckline before we make entry ( > $12.50 )
also this may be a good time to buy call options.

٣١ أغسطس ٢٠٢٠

تعليق

٣١ أغسطس ٢٠٢٠

تعليق

Spike on volume also hints a reversal...

١٠ سبتمبر ٢٠٢٠

تم فتح الصفقة

Neckline reached.