XLM/USD ON WEEKLY
-Currently inside a large ascending triangle pattern
(This is more of a bullish pattern and is neutral until we see a breakout in either direction)
-RSI is holding the same trend as price action
-Volume has stayed stagnant and will most likely pick up on a breakout making for a strong move
Trade setup
Entry point - Above ascending triangle after breakout
Stop loss- Below the bottom of the ascending triangle
Tight stop loss- Below $0.40 after confirmed breakout with retest
Take profit- Green dotted lines at $0.0517 & $0.0632
*Not Investment Advice*
(This is more of a bullish pattern and is neutral until we see a breakout in either direction)
-RSI is holding the same trend as price action
-Volume has stayed stagnant and will most likely pick up on a breakout making for a strong move
Trade setup
Entry point - Above ascending triangle after breakout
Stop loss- Below the bottom of the ascending triangle
Tight stop loss- Below $0.40 after confirmed breakout with retest
Take profit- Green dotted lines at $0.0517 & $0.0632
*Not Investment Advice*
İşlem kapandı: durdurma seviyesi
Broke bearish out of the ascending triangle.
Feragatname
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.
Feragatname
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.