$RSR Hello family, how are you doing? Let's analyze the 1H #RSR chart. The 1H RSI is in consolidation with a slight inclination towards oversold.
What we should observe is a Price action in the chart below, highlighted in yellow. According to the rules, if the asset breaks the upper peak of the Price action, we will have a continuation of the uptrend. If it breaks the bottom of the Price action, we will have a continuation of the downtrend, and this is a pattern.
In other words, it would be interesting to enter at 0.008977, target 0.009742, STOP at 0.008707.
Or 0.010156, observe the uptrend with Stop at 0.009997.
So, my dear ones, the rest depends on each person's touch regarding whether I want higher profits or controlled losses, etc....
Note: my analyses are not an investment indication, only for study and information.
Good business to all and good luck.
