STELLAR BULLISH MOMENTUM-XLM

3 dic

XLMUSD
XLM Continuation Rally: An Analysis

Bullish Arguments:

PMH (Previous Monthly High) disrespected
PML (Previous Monthly Low) disrespected
Weekly Bullish FVG respected
PWL (Previous Weekly Low) disrespected
PWH (Previous Weekly High) disrespected
PDL (Previous Daily Low) disrespected
4H swing low disrespected
4H Bullish FVG respected

Bearish Arguments:

PDH (Previous Daily High) respected
4H swing high respected

Bullish 81.82%- Bearish 18.18%
Trade Management:
This setup involves high risk and requires close monitoring of price action. Use a tight stop-loss (SL) to manage risk, and aim for a take-profit (TP) near the 2021 ATH zone. Staying alert to market movements is critical for this trade

5 dic

Trade chiuso: stop raggiunto

SL reached. A new trade is cooking because the charts are screaming to go higher.
Be safe.