I'm seeing a bullish RSI divergence coupled with a descending triangle on the 4H silver chart. I see a similar setup 5 times in the past year and each time the price went up. Am I seeing this correctly?
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Transakcja zamknięta: osiągnięto wyznaczony cel:
Trade opened upon break and close of upper trendline at 25.285.
TP of 25.99 (142 pips) based on prior moves with similar setup before first pullback.
SL of 25.17 based on prior pattern failure when there's a candle close below the upper trendline.
RR 6.13.
Lovely trade that I'll be taking every time moving forward.
TP of 25.99 (142 pips) based on prior moves with similar setup before first pullback.
SL of 25.17 based on prior pattern failure when there's a candle close below the upper trendline.
RR 6.13.
Lovely trade that I'll be taking every time moving forward.
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