Stellar dancing with the devil 5
Updated
For me it was tough to trade the XLM this month as there were false triangle breakouts during this long chop, but patience is the key and here we go again. Will Stellar finally meet the devil @ 0.666? If we break this HUGE triangle up, I think there is chance for run to 0.69.
SL is local low.
Target is height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL).
RRR 7.85
Invalidated when SL level hit (even if BUY STOP-LIMIT not filled before).
SL is local low.
Target is height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL).
RRR 7.85
Invalidated when SL level hit (even if BUY STOP-LIMIT not filled before).
Trade active
Order filledTrade closed: stop reached
SL hit, but could be just headfake, so I will propably jump in again at the same price (BUY STOP-LIMIT) with SL slightly lower at 0.376. RRR almost unchanged (7.8). Will keep you posted.Note
So I will be jumping in if XLM gets to 0.4134. The setup is almost identical. RRR 7.5Trade active
Order filled, I'm in again.Trade closed: target reached
Thanks for watching! 📺
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