For the BINANCE:SFPUSDT.P Long Trade Setup, the following values are suitable for our interval trade:
Entry: 0.7191
Target: 0.7617
Stop: 0.7041
Cost Reduction: -
The profit is reasonable relative to the risk.
For the BINANCE:SFPUSDT.P Long Trade Setup, the following values are suitable for our interval trade:
Entry: 0.6196
Target: 0.6317
Stop: 0.5953
Cost Reduction: 6065
The profit is reasonable relative to the risk.
Sfp will go down to Big Red trend line.
(Reason : Sfp breakdowns the small red trendline.)
If two 4hrs candle closed below the big red line then price will keep going downward.
(Reason: Big triangle breakdown will happen)
But if Sfp doesn’t break it then price will go upto small green line
( Reason: to complete inverse head n shoulder)
If price breaks this...
Hello, dear traders. how are you ? Today we have a setup to SELL/SHORT SFP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SFP potential retesting on demand area before continue upward movement. first try breakout consolidation and make HNS pattern and breakdown . after target reached we can see SFP do reversal and back to breakout for second times. now potential rejection on demand area and can continue upward movement
Buy zone : 0.4 - 0.365
Target : 0.4354 - 0.48 - 0.5316 -...
SFP (1D) is a survivor. After 12-Oct 2021 market shift, we saw price quickly pump to 3.1000 area. Wave analysis must play out after moves like this.
SFP price may be heading for 88.6% FIBO level of that premium pump, after which there is bound to be another pump back to 3.1000 area. Updates will follow if structure changes, but i need a shift in market structure...
