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Re: MACD&RSI

macd & rsi, Tue Jan 23, 2024 7:33 pm

FTSE 100 : UK index :

Daily trend is clearly bearish ,, and every bullish wave is a correction wave until the downward trend line is not broken ,

H4 shows a little and not meaningful bullish trend ,,, RSI below C.L. ( center line : 50 )

H1 : price is moving in a up trend channel ,

I think price can reach to upper line of that channel , but it is a risky position , then move with a district money management !


BUY @ 7500---7485

STOP@ 7450

TP @ 7560--7580
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