3 Reasons for trade setup:
Location: At bottom support
Momentum: W breakout in Willy and OBV. Just coming off a bullish divergence
Structure: Double Bottom formed, entry at confirmation.
Profit Objective : 2:1 R/R min, aiming for 50% retracement
Location: At bottom support
Momentum: W breakout in Willy and OBV. Just coming off a bullish divergence
Structure: Double Bottom formed, entry at confirmation.
Profit Objective : 2:1 R/R min, aiming for 50% retracement
Trade geschlossen: Stop wurde erreicht