Hi Traders,
Another similar price action and using the XTZ fractal, we can identify this as bullish formation as well with plenty of room to the upside.
How to trade this?
8 HRLY CHART.
I would wait for this candle to close, 2 hrs to go. If it ends up bullish, look at the lower time frames to confirm and then enter.
However it might be better to wait for this to hold this level longer, make a uptrend, then think about entering then.
All the best,
S.SAri
Another similar price action and using the XTZ fractal, we can identify this as bullish formation as well with plenty of room to the upside.
How to trade this?
8 HRLY CHART.
I would wait for this candle to close, 2 hrs to go. If it ends up bullish, look at the lower time frames to confirm and then enter.
However it might be better to wait for this to hold this level longer, make a uptrend, then think about entering then.
All the best,
S.SAri
Discord: discord.gg/JC7CDdJv (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
