After two weeks bloodbath, xlm finally slows down and finds a range to work on. From 0.23050 to 0.19952.
Probably have 5%-6% to work on.
Bear
plan1
short:0.2230
stoploss: 0.56
target: 0.2050 (lower band support)
plan2
short: if break 0.19950
stoploss: 4H lastest LH
Bull
plan1:
long: if break0.23
stoploss: 4H latest HL
Target: 1/2 at middle band area, 1/2 follow daily trend
plan2:
buy: around lower band area 0.2050
target: at middle band
stoploss: 0.19950
It is only the personal trading note, not financial advice, but opinions and pieces of advice are welcome.
Good person to follow for TA---- TheChartGuys
Probably have 5%-6% to work on.
Bear
plan1
short:0.2230
stoploss: 0.56
target: 0.2050 (lower band support)
plan2
short: if break 0.19950
stoploss: 4H lastest LH
Bull
plan1:
long: if break0.23
stoploss: 4H latest HL
Target: 1/2 at middle band area, 1/2 follow daily trend
plan2:
buy: around lower band area 0.2050
target: at middle band
stoploss: 0.19950
It is only the personal trading note, not financial advice, but opinions and pieces of advice are welcome.
Good person to follow for TA---- TheChartGuys