BLX Trade Update
Yesterday, BLX broke out of the descending channel after reacting from the 20 EMA, showing signs of strength. With the market continuing its upward momentum today, I decided to set up another trade.
✅ The entry might not have been perfect, but it still falls within a valid and reasonable range for a solid setup.
📈 The general market also appears to be resuming its uptrend, which adds confluence to the decision. However, it’s essential to remain adaptable — as always, we follow the market’s behavior, not our predictions.
It’s a game of patience and observation. Let the market show its hand, then act accordingly.
Yesterday, BLX broke out of the descending channel after reacting from the 20 EMA, showing signs of strength. With the market continuing its upward momentum today, I decided to set up another trade.
✅ The entry might not have been perfect, but it still falls within a valid and reasonable range for a solid setup.
📈 The general market also appears to be resuming its uptrend, which adds confluence to the decision. However, it’s essential to remain adaptable — as always, we follow the market’s behavior, not our predictions.
It’s a game of patience and observation. Let the market show its hand, then act accordingly.
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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.