Long
Bear Trap buy strategy for RVN.
Hello, traders.
RVN broked down an important support level after yesterday's market slumps. On this strategy, we are going to enter long if the price goes back above this important support level witch will characterize a bear trap.
Of course, the most likely scenario is to test the resistance as a pullback and continue the downtrend movement
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RVN broked down an important support level after yesterday's market slumps. On this strategy, we are going to enter long if the price goes back above this important support level witch will characterize a bear trap.
Of course, the most likely scenario is to test the resistance as a pullback and continue the downtrend movement
Push the like button and follow us on TradingView.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.