Long

REEF - Wait For The Trigger!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

REEF is sitting around strong daily support in blue so we will be looking for buy setups.

on H1: REEF formed a valid channel in red but it is not ready to go yet.

Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?

Trigger => Waiting for a momentum candle close above the last swing high (in gray) to buy.

Meanwhile, until the buy is activated, REEF would be overall bearish can still trade lower.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

TheSignalyst

📊I help you turn charts into a career
theSignalyst.com

Telegram
t.me/thesignalyst

Trusted Crypto Exchange
cutt.ly/qtwKuPaJ

Trusted CFD Broker
cutt.ly/TickmillReal

Trusted Crypto Prop Firm
cutt.ly/Hyrotrader

Também em:

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.

TheSignalyst

Também em: