Ray Trend reversal trade

٢٣ مارس ٢٠٢٢

Setup: On the daily timeframe, we can Ray is stuck in a range and that there is RSI divergence. We then go down to the 4hr timeframe where we see that Ray has broken out of the range, signifying a trend reversal.

Entry:3

TP: 4.3265, 5.54( my TP targets are quite conservative as I think BTC is going to face resistance at 45k)

SL: ATR trailing stop loss of 3.1 value at 2.74 currently