๐ฅ RSR Long Term Channel Analysis
RSR has been trading in this channel for almost 5 months now. During that time, a channel touch has always resulted in a change of direction. This trade is based on the idea that RSR will keep on falling in the near future, only to reverse to the bullish side when the channel support has been hit.
Before entering this trade wait for the price to touch the Entry line.
On the chart Iโve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows. Do your own due diligence.
Happy trading!
Before entering this trade wait for the price to touch the Entry line.
On the chart Iโve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows. Do your own due diligence.
Happy trading!
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๐ฅPremium Signals: fierytrading.com
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
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