Let's consider an excellent situation on the STXUSDT. Based on the current wave structure, I plan the opening of a long position or the opening of a short position. On the one hand, the current corrective in wave 4 may end up forming a WXY pattern; on the other hand, the current corrective pattern in wave 4 may end up forming a triangle pattern. It is advisable...
STXUSDT has given a breakout from the falling resistance trendline. We are expecting a retest to the level again and more confirmed once the horizontal level is taken out. One can build a position with mentioned stop loss level and ride the upcoming bullish trend. Trade your levels accordingly.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.295). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . STXUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 2.8 - 3.2 - 3.6 after first target reached move ur stop to breakeven stop: under 1.5 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView,...
STXUSDT trade in the best situation where it can boost up 3X. Trade will be between 78% fib level and 261% fib level. We will update further about analysis if we find any change in idea. Stay tune.