Short $XPL : price sits at 0.0576 on the 4H.
If 0.0576 rejects: 0.0561, then 0.0553.
If price gets back above 0.0589: idea's dead.
Sellers need to hold this tag. A close above and I step aside.
SHORT 0.05740–0.05764
TP 0.05667 / 0.05611 / 0.05526
SL 0.05894
• 4H at 0.0575, below the EMA50 at 0.0674, so the trend is on this side
• Daily sits below the EMA200 at 0.0896, the bigger trend agrees
• Risk 2.5% to SL vs 3.9% to TP3, about 1.6R if the full move plays out
nfa · dyor
If 0.0576 rejects: 0.0561, then 0.0553.
If price gets back above 0.0589: idea's dead.
Sellers need to hold this tag. A close above and I step aside.
SHORT 0.05740–0.05764
TP 0.05667 / 0.05611 / 0.05526
SL 0.05894
• 4H at 0.0575, below the EMA50 at 0.0674, so the trend is on this side
• Daily sits below the EMA200 at 0.0896, the bigger trend agrees
• Risk 2.5% to SL vs 3.9% to TP3, about 1.6R if the full move plays out
nfa · dyor
