Long XLM Stellar
Updated
Breakout from triangle with great volume, waiting for pullback to retest with price action confirmation.
Targets are previous resistances as shown by blue lines on the chart.
SL below the market structure
Targets are previous resistances as shown by blue lines on the chart.
SL below the market structure
Trade closed: stop reached
Note
Review:It was a good setup, longed at retest, but a better one would be entry at support of the triangle. Arguably the SL could have been lower, below the triangle base.
Oh well, we all have good and bad trades. On to the next!
Note
WELL DAMN it played out perfectly after stopped hit
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.