SLP - Potential Bullish Reversal!
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SLP is approaching a strong demand zone and round number 0.01 so we will be looking for buy setups.
on H4: SLP is forming an inverse head and shoulders pattern but it is not ready to go yet (still an idea)
Trigger => Waiting for the right shoulder to form and then buy after a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, SLP would be overall bearish can still trade lower to test the green demand.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
SLP is approaching a strong demand zone and round number 0.01 so we will be looking for buy setups.
on H4: SLP is forming an inverse head and shoulders pattern but it is not ready to go yet (still an idea)
Trigger => Waiting for the right shoulder to form and then buy after a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, SLP would be overall bearish can still trade lower to test the green demand.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
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