SXPUSDT trade ideas
SXP BUY/LONG SETUP (1D)SXP has entered an uptrend after a very large decline from where I put "The start of the upward movement" on the chart. It has formed bullish CHs and BOS and has undergone a correction after hitting important resistance.
It has formed a liquidity pool in the lower range, which by collecting this pool and hitting the OB, which is our order block and the origin of the upward movement, can move towards the announced targets.
I specified the targets and invalidation level.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SXP Buy TradeHere is My Srutdy On SXP.
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๐ฅ SXP Crazy Bounce Idea: Support + Bullish DivergenceSXP seems to have found (temporary) support alongside the diagonal purple support line drawn on the chart. This reversal trade idea is based on the idea that this support will hold and cause a bounce, helped by the bullish divergence that's apparent on the RSI.
The high of the last couple of days is around 0.335, so we're going to wait for a daily candle to close above that area to initiate the trade. Stop under the recent lows.
With a target at the April highs we can construct a very good trade with extremely high Risk-Reward.
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๐ฅ Brace yourselves for an exciting opportunity! SXPUSDT is on the verge of an explosive breakout, and the price action pattern hints at bullish potential. ๐๐ช๐
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โณ The timing is critical, and the risk-to-reward ratio stands at an attractive 1:4. ๐ฏ๐ฐ This setup paves the way for substantial gains for those who seize the moment.
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SXP ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the SXP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You