Buy opportunity: QSR oversold and bouncing on the 0.786 Fib lvl

QSR got oversold on the RSI, MACD and Stochastic RSI. Currently bounced back from the 0.786 Fibonacci level on the daily chart.

Entry strategy: wait for the next bullish candle which crosses the 57.10 level.

Trade attivo:

Trade is active. Price crossed the entry level.

Commento:

Can move stop loss to entry level, if someone wants to minimize risk.

Trade chiuso: obiettivo raggiunto:

Price reached the profit target level. It was a great trade.

Commento:

Profit: 6.9%