STR Reverse falling wedge

For a safe entry, wait until we close above the red downtrend line. Stops below the bottom yellow line.

Not

We've witnessed a break in the uptrend toward point Z. Two scenarios could occur:

1. STR regains strength and hits target
2. A head and shoulders pattern is forming

Here's my strategy- If we go down to the support line from here, I'd bail. We could see a big movement down to .006. If you can buy at the point, man...what a steal. Or, we could continue moving up. For short term traders, be ready to sell at .029-.03.

Or the less stressful strategy is just to hold. We're going to see a .10 STR soon I believe.

mychartslie

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

mychartslie