A weekly RSI divergence and a Wolfe wave at the same time on NASDAQ:RVNC biotech, good opportunity I think, with a good RR ratio. Divergence also visible on Monthly timeframe.
I personnaly entered at $13.8, on the breakout of the double bottom. It's currently testing its MM50
3 TP for this trade : - TP1 : breakeven at $19.9 - TP2 : $29.9 - TP3 : wolfe wave 1->4 trendline
SL : $9.5 RR for TP2, which is my main target is 4