SRM is likely to give us an opportunity here and its a matter of waiting for a bullish candle or bullish formation on the smaller timeframes, at this fib level or possibly lower (hence we are looking for bullish signs).
The 4 or 8 is a good time period, although many time periods show good convergence.
Lets see how this turns up, keep stalking.
Cheers, S.Sari
4 HRLY chart, in confluence with the 21 EMA and fib level
Not
On the smaller time frame, we can have this within the 4 hrly or 8 hrly candle. We want to see what takes place in this window, bullish formation or bearish?
Not
I got stopped out and missed this entry, went to bed after the dump. Those who got in earlier would not be stopped out. If I was to re-enter, I will look for this. However the market is all over the place so shorting will increase.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.