Updated
SRM.USDT (Y20.P4.E1).Cradle setup
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
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
Note
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?
Note
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.
Trade closed: stop reached
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.