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STELLAR BULLISH MOMENTUM-XLMCRYPTO:XLMUSD XLM Continuation Rally: An Analysis Bullish Arguments: PMH (Previous Monthly High) disrespected PML (Previous Monthly Low) disrespected Weekly Bullish FVG respected PWL (Previous Weekly Low) disrespected PWH (Previous Weekly High) disrespected PDL (Previous Daily Low) disrespected 4H swing low disrespected 4H Bullish FVG respected Bearish Arguments: PDH (Previous Daily High) respected 4H swing high respected Bullish 81.82%- Bearish 18.18% Trade Management: This setup involves high risk and requires close monitoring of price action. Use a tight stop-loss (SL) to manage risk, and aim for a take-profit (TP) near the 2021 ATH zone. Staying alert to market movements is critical for this trade
CRYPTO:XLMUSDLong
by Jaytradermb
FXS- BULLISH MOMENTUMClear Path for Long Positions Until January 20th We have a green light to focus on long setups leading up to January 20th, but emotional Discipline is critical—avoid letting euphoria or emotional demons dictate your decisions. BINANCE:FXSUSDT is a standout candidate for a strong rally based on my criteria: Monthly and Weekly Structure supported by FVG (Fair Value Gaps). PMH and PML (Previous Monthly High/Low) being disrespected. PWH and PWL (Previous Weekly High/Low) being disrespected. PDH and PDL (Previous Daily High/Low) being disrespected. 4H Swing Highs and Lows also being disrespected. At this moment, I see no valid reasons to adopt a bearish stance. The primary risk lies in potential liquidity spikes. To mitigate this, a solid Stop Loss is essential to safeguard your position and allow for re-entry if price action justifies it. Risk-to-Reward Ratio: 9.53 Stay focused and protect your trades.
Long
by Jaytradermb