🔥 SXP: Scouting Oversold Bounce
SXP has been one of the major winners of the last few weeks, where it gained well over 270% in a very short amount of time.
However, it appears that SXP has topped for now.
I'm waiting for the first hourly oversold reading to occur before scouting an entry. Ideally, we will get in the yellow area of resistance before reversing.
Targets in blue.
However, it appears that SXP has topped for now.
I'm waiting for the first hourly oversold reading to occur before scouting an entry. Ideally, we will get in the yellow area of resistance before reversing.
Targets in blue.
Note
Bounced from the yellow area
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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.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.