XLMUSD: Example of Long Trade

The price bounced from the support zone. RSI confirmed the price reversal. If the price breaks the local downtrend line, it will be a bullish signal in the direction of the main bullish trend.

Here is an example of a possible long trade.



Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.

Trade closed: stop reached