hi all. when we look at the arcusdt chart, we can see that price dropped hard in the last two weeks. it seems that price trying to recover. EMA breakout on 1h chart almost happened. also price seems accumulating in the box.i expect price at least touches 50 EMA on 4h timeframe chart. so we can setup long position ;
entry : 0.06366
stop : 0.05895
target: 0.07500 (50 EMA on 4h timeframe)
entry : 0.06366
stop : 0.05895
target: 0.07500 (50 EMA on 4h timeframe)
Trade closed: stop reached
unfortunately position stopped
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.