📈 XLM/USDT (Futures) | Potential Upward Movement
💡 Buy Limit Order @ 0.33989
🎯 Target Profit 0.36537
🛑 Stop Loss 0.33149
❌ Do not risk more than 1% of your account on each trade
Description:
The price is trading inside a descending flag pattern where a lower correction could be seen to the highlighted zone which is the area of confluence. This is area is made of the bespoke support, the 50% Fibonacci retracement level, and the lower end of the common pattern. After this move we could see the market moving to the upside with a new impulsive wave.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
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🙂 Good Luck!
💡 Buy Limit Order @ 0.33989
🎯 Target Profit 0.36537
🛑 Stop Loss 0.33149
❌ Do not risk more than 1% of your account on each trade
Description:
The price is trading inside a descending flag pattern where a lower correction could be seen to the highlighted zone which is the area of confluence. This is area is made of the bespoke support, the 50% Fibonacci retracement level, and the lower end of the common pattern. After this move we could see the market moving to the upside with a new impulsive wave.
-------------------------------------------------------------------------------------
Please press “Like” if you appreciate the trading idea 👍
“Follow” for more trading ideas in the future 👀
“Comment” below to share your thoughts with us and other traders 👥
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
-------------------------------------------------------------------------------------
🙂 Good Luck!
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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.
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.