SRM.USDT (Y20.P4.E1).Cradle setup

2 set 2020

Hi All,

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

2 set 2020

Nota

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?

2 set 2020

Nota

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.

5 set 2020

Trade chiuso: stop raggiunto