Sideways on a 4H Triangle. 1D Gap fill upon break-out. Short.

Stellar is consolidating within a 4H Triangle ( RSI = 50.704, ADX = 18.250, Williams = -54.760, CCI = -36.8849, Highs/Lows = 0.0000) having settled around the 0.500 Fibonacci retracement level after the 0.2263 low. At the moment the momentum is neutral on 1D also (Williams = -45.261, Highs/Lows = 0) and 0.2380 has to be crossed in order to break the Triangle. Based on the 1W Lower Highs pattern, this should take place soon and make a new Lower Low. That is why are keeping our short on XLMUSD with TP = 0.1802 and 0.1713 (June 29, 2018 low).
High quality portfolio management, asset allocation with excellent risk management. Grow your account, achieve steady profit levels and increase your trading edge with InvestingScope (
Thanks for the chart! I went and bought some today when in went down to 0.215. Will wait again when it goes down to 0.18 then buy more.
InvestingScope JosephBaylon
@JosephBaylon, You are welcome Joseph.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out