mohsen_og

RWE - An observation on price action

mohsen_og Aggiornato   
XETR:RWE   RWE AG
RWE

With using HeikinAshi candles and daily TF on $RWE, ma shows it starts a downward movement. But rsi broke the 30 line which is very rare case.
Normally rsi does a single reverse from the 30 line but there are some dates to consider. For example feb-mar 2021 which rsi and price action continued to drop.

Summary: Wait for few days to observe the price action and rsi . At this time moving at both direction is possible.
Trade attivo:
Although the index does not have a strong upward movement, I long it.
The fed chair talk is at 15:00 and the DAX does not show a upward movement.
Trade chiuso: obiettivo raggiunto:
target on long 3x reached! 5.5% profit.
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.