Now, after we've formed the triangle on the global time frame, we're drawing a descending wedge and rebound from the support.
This is a really good setup for scalping. Takes and the stop are on the graph, plus, here are two additional takes in the case of a breakout on this triangle.
Pay attention that SXP500 is about to break the support, so it's predictable that traders and investors will fix their positions in dollars, should the price go down. This will potentially strengthen it.
If this review was useful for you, leave a like and tell us what you think in the comments.
This is a really good setup for scalping. Takes and the stop are on the graph, plus, here are two additional takes in the case of a breakout on this triangle.
Pay attention that SXP500 is about to break the support, so it's predictable that traders and investors will fix their positions in dollars, should the price go down. This will potentially strengthen it.
If this review was useful for you, leave a like and tell us what you think in the comments.
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▶️YouTube: youtube.com/@CryptoStudentBlog - контент для новичков🔥
📊Торгую на BingX - bingx.com/ru-ru/partner/cryptostudent/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🎯Telegram канал: t.me/+SR3bW2PW7kNjZjRi - доп. обзоры, аналитика, сетапы по рынку!
▶️YouTube: youtube.com/@CryptoStudentBlog - контент для новичков🔥
📊Торгую на BingX - bingx.com/ru-ru/partner/cryptostudent/
▶️YouTube: youtube.com/@CryptoStudentBlog - контент для новичков🔥
📊Торгую на BingX - bingx.com/ru-ru/partner/cryptostudent/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.