LONG SNX
Bullish divergence occurring on 4H and daily structure. I really like failed swing patterns where SNX shorters tried to take the price down to sweep the lows and it quickly recovers all downside. The 4H structure just looks imminent for a breakout of the POC.
These setups feel pretty comfy:
Strong downtrend into HTF nodes, bullish divergence, last daily candle relatively tight move, and the next daily candle engulfs it with a supporting wick.
LONGED @ $8.35, willing to add more at $7.89 if overall crypto looks ready for a move back into higher range.
Targets are:
$11.9
$13.8
These setups feel pretty comfy:
Strong downtrend into HTF nodes, bullish divergence, last daily candle relatively tight move, and the next daily candle engulfs it with a supporting wick.
LONGED @ $8.35, willing to add more at $7.89 if overall crypto looks ready for a move back into higher range.
Targets are:
$11.9
$13.8
Note
Got out near break even iirc
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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.