It's amusing how some trades can be so stealthy, they slip under the radar until it's almost too late to join the party.
$RAVE - LONG
Entry: 0.2824
SL: 0.2622
TP1: 0.2925
TP2: 0.3026
TP3: 0.3127
⚠️ Move SL to Breakeven once TP1 is hit !!!
The positioning of the EMA20 and EMA50 on the 1H chart is particularly intriguing, as it suggests a potential shift in momentum.
On the 1D chart, the price is currently trading below its EMA50, indicating a bearish bias - this trade is essentially taking a contrarian stance, which means managing position size and stop discipline is crucial to mitigate the higher risk.
Can anyone honestly claim that $RAVE is not due for a bounce, given the current setup?
Click here to Trade 👇
$RAVE - LONG
Entry: 0.2824
SL: 0.2622
TP1: 0.2925
TP2: 0.3026
TP3: 0.3127
⚠️ Move SL to Breakeven once TP1 is hit !!!
The positioning of the EMA20 and EMA50 on the 1H chart is particularly intriguing, as it suggests a potential shift in momentum.
On the 1D chart, the price is currently trading below its EMA50, indicating a bearish bias - this trade is essentially taking a contrarian stance, which means managing position size and stop discipline is crucial to mitigate the higher risk.
Can anyone honestly claim that $RAVE is not due for a bounce, given the current setup?
Click here to Trade 👇