Glmr had small break of strcuture on 1h timeframe.
I call it small because it barely broke it, I will buy(Long) when it comes to demand zone drawn on chart.
Buy are would be bewteen 3.88-3.65
You can go for safer tp at 4.4 and make good 15%
You can make profit bigger by using levraeg. Since this 15% is notbad I wouldnt recommend using higher than 4 x leverage.
Set up tp at 4.4 and sl below this demand zone.
NOT FINANCIAL ADVICE,JUST SHARING MY OPINION!!!
I call it small because it barely broke it, I will buy(Long) when it comes to demand zone drawn on chart.
Buy are would be bewteen 3.88-3.65
You can go for safer tp at 4.4 and make good 15%
You can make profit bigger by using levraeg. Since this 15% is notbad I wouldnt recommend using higher than 4 x leverage.
Set up tp at 4.4 and sl below this demand zone.
NOT FINANCIAL ADVICE,JUST SHARING MY OPINION!!!
Note
i JUST NOTICED THAT THERE IS LOWER DEMAND ZONE ON 3.53 AREA. Wait for it to be reached and then enter longs so you can go for big swing poisition and aim 6 usd which will bring you over 80% profit!!!
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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.