I noticed a rather strange setup on the chart of $CFX ; it looks like it’s right before a breakout.
$CFX - LONG
Entry: 0.04025
SL: 0.03767
TP1: 0.04154
TP2: 0.04283
TP3: 0.04412
Move SL to Breakeven as soon as TP1 is hit !!!
The 1H chart shows the possibility of a liquidity sweep, with RSI and EMA indicators suggesting a potential reversal.
On the 1D chart, I see a bearish-colored signal, since price is being stuck below its EMA50 — this makes our LONG trade go against the overall trend, so I’m being cautious with my position size.
Are you trading $CFX , or are you waiting for the market to show signs?
Click here to trade 👇
$CFX - LONG
Entry: 0.04025
SL: 0.03767
TP1: 0.04154
TP2: 0.04283
TP3: 0.04412
Move SL to Breakeven as soon as TP1 is hit !!!
The 1H chart shows the possibility of a liquidity sweep, with RSI and EMA indicators suggesting a potential reversal.
On the 1D chart, I see a bearish-colored signal, since price is being stuck below its EMA50 — this makes our LONG trade go against the overall trend, so I’m being cautious with my position size.
Are you trading $CFX , or are you waiting for the market to show signs?
Click here to trade 👇