It's counterintuitive to go long when the momentum seems sluggish, but that's exactly what the $HFT chart is telling me to do.
$HFT - LONG🟢
Entry: 0.02961
SL: 0.01707
TP1: 0.03588
TP2: 0.04215
TP3: 0.04842
⚠️ Move SL to Breakeven once TP1 is hit !!!
The confluence of the RSI and EMA20/EMA50 on the 1H chart hints at a brewing momentum shift, suggesting a potential breakout.
Considering the higher timeframe, I note that the 1D chart has a bullish bias with the price trading above its EMA50. This actually supports our long trade, as the broader trend is in our favor.
Do you agree that $HFT has the momentum to push higher, or will it stall?
Click here to Trade 👇
$HFT - LONG🟢
Entry: 0.02961
SL: 0.01707
TP1: 0.03588
TP2: 0.04215
TP3: 0.04842
⚠️ Move SL to Breakeven once TP1 is hit !!!
The confluence of the RSI and EMA20/EMA50 on the 1H chart hints at a brewing momentum shift, suggesting a potential breakout.
Considering the higher timeframe, I note that the 1D chart has a bullish bias with the price trading above its EMA50. This actually supports our long trade, as the broader trend is in our favor.
Do you agree that $HFT has the momentum to push higher, or will it stall?
Click here to Trade 👇