Currency $XNY Trading Alert 💹
Volatility — Suggestion
Entry Range: 0.006853-0.007005
Stop Loss: 0.006778
Targets: 0.007087, 0.007213, 0.007371
Technical Analysis: Oh my, the logic behind this chart is really driving people crazy! Look at the RSI still hovering around the 50 line—doesn’t that just mean it’s a real grindy one? In a ranging period, don’t expect to push through wave after wave; no, no, no—be patient. Take it slow, and only when it grinds around and finally breaks down to the stop-loss level. Use the stop-loss level as given. If it falls through, it can still be managed for an exit. But don’t end up having no stop loss left at the wrong time! That said, the market conditions really need to be handled steadily and calmly—don’t talk nonsense with the big players; just do your own thing. This move still looks like a range-bound market. We’ll wait to see what the trend really is. If there’s a breakout, then we take action!
Suggested Stop Loss Level: 0.006778, Please adjust your position size according to your own risk preference
#XNY
Volatility — Suggestion
Entry Range: 0.006853-0.007005
Stop Loss: 0.006778
Targets: 0.007087, 0.007213, 0.007371
Technical Analysis: Oh my, the logic behind this chart is really driving people crazy! Look at the RSI still hovering around the 50 line—doesn’t that just mean it’s a real grindy one? In a ranging period, don’t expect to push through wave after wave; no, no, no—be patient. Take it slow, and only when it grinds around and finally breaks down to the stop-loss level. Use the stop-loss level as given. If it falls through, it can still be managed for an exit. But don’t end up having no stop loss left at the wrong time! That said, the market conditions really need to be handled steadily and calmly—don’t talk nonsense with the big players; just do your own thing. This move still looks like a range-bound market. We’ll wait to see what the trend really is. If there’s a breakout, then we take action!
Suggested Stop Loss Level: 0.006778, Please adjust your position size according to your own risk preference
#XNY