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
Comment:
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.
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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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.
We want to see what takes place in this window, bullish formation or bearish?