OPEN Trade Setup

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There is bullish divergence at this new lower low.

I usually like to see a separate histogram island but this will do because there is a separation on the RSI.

The targets are on the fib nodes up to the golden retrace. Set your limit sells just below them. Not all targets can be hit or will be hit.

take 50% out at the first target and 25%, 15%, 10%,

Set these targets as limit orders with the same stop loss. Usually, if you can do an OCO order it works to have a stop loss and a limit sell simultaneously.

Penafian

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