XRPUSD 30M RSI 80-20 REVERSAL TRADING STRATEGY

Rules for RSI 80-20 Reversal Strategy on chart
Short Confirmations -
Divergence
Price stretched away above 50 sma
Macd Overbought & crossed below Red line
RSI Overbought and falling

评论:

Market timing on this pair was wrong - 2 other possible short trades

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I had a buy stop and sell stop. Buy hit and take profit was made. Now I am watching for a morning star reversal bearish candle pattern to form and i will make another buy stop above previous take profit level.

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Morning star candle pattern formed for sell