Bittrex XEMUSD High Risk : Reward
Updated
Ticker: XEMUSD - Bittrex - 15m
Analysis:
1. Pattern: Rising Wedge - Bearish Reversal
2. Divergence: Bearish Regular - Bearish Reversal (with Volume and Squeeze)
3. Squeeze: Long, (20h period squeeze with lots of up side) - Bearish
4. ADX: Trending down, current: 13.55 - Uptrend losing strength
5. WT-Cross: Positive Bullish Cross - Neutral
Decision: Close long/ Short sell
R:R: 8.15
Analysis:
1. Pattern: Rising Wedge - Bearish Reversal
2. Divergence: Bearish Regular - Bearish Reversal (with Volume and Squeeze)
3. Squeeze: Long, (20h period squeeze with lots of up side) - Bearish
4. ADX: Trending down, current: 13.55 - Uptrend losing strength
5. WT-Cross: Positive Bullish Cross - Neutral
Decision: Close long/ Short sell
R:R: 8.15
Trade active
Trend momentum changing, sell half, manage stop loss for break-even on the other half.
Trade closed: target reached
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