Long
Stmxusdt within strong accumulation zone
STMX has made a strong move by breaking out of a falling wedge, a bullish reversal pattern. The price appears to have completed an impulsive wave 1 and has corrected into wave 2.
Positioning within the buy-back zone is recommended to capture the potential wave 3 move. The stop-loss level is indicated on the chart, with the immediate profit target set at the unmitigated supply zone.
Share your thoughts on this analysis.
Positioning within the buy-back zone is recommended to capture the potential wave 3 move. The stop-loss level is indicated on the chart, with the immediate profit target set at the unmitigated supply zone.
Share your thoughts on this analysis.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Advert/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Advert/Partnership: t.me/WESLAD
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.