XLM, one of the best set ups we have seen in a while

Let's sum it up:

- Stop losses raided
- Very strong horizontal support zone
- 4h had bullish divergence
- Daily RSI oversold
- Very strong falling wedge with near perfect trendlines
- 4h candle closed above 14 EMA
- 1h candle closed above 50 EMA and is above 14 EMA
- 1h 50 and 14 EMA looking to make a bullish cross
- Making higher highs on short time frame
- Daily currently making a bullish engfuling candle (stil has alot of time before closing)

The risk/reward ratio on this trade is very good, risk is low and probability of a

評論:

falling wedge

評論:

stops raided

評論:

4h close above 14 EMA