Lower low - higher high => higher low expectations We have a falling trend. Lower lows and lower highs are coming. Another lower low comes, after that a clear higher high comes which indicates the possibility of a trend reversal. After clearing the latest high, the expectation is to drop down to fib 0.618-0.79. I'm willing to buy at these levels. My stop loss is the latest lower low.
SXPUSDT trade ideas
🔥 SXP Uptrend Confirmed After Major Sell-OffIn my latest SXP analysis I talked about my expectations of a reversal after seeing some bearish price action. My initial support area was not as strong as I thought initially. However, after reaching the 0.50 area there were ample investors waiting to step back in.
On the chart you can clearly see a pattern of higher-highs and higher-lows. I think that there's still more gains to be had in this move.
Targets in blue.
What is 7-star buy and sell7-star buy and sell indicator is a scalping strategy where you buy when yoou see the buy print and sell when you received the sell print. If the candle crosses up the sell point then you buy more until you are greedy.
Recommended timeframe is 15 min but you can use it on 5 mins or 7 mins.
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