STMX - Wait For The Trigger!

21 thg 8, 2021

Hello everyone, if you like the idea, do not forget to support with a like and follow.

STMX is sitting around a strong demand zone in green so we will be looking for buy setups.

on H4: STMX formed an inverse head and shoulders pattern but it is not ready to go yet.

Before we buy, we want the buyers to prove that they are taking over again.

Trigger => Waiting for a momentum candle close above the gray neckline to buy.

Meanwhile, until the buy is activated, STMX would be overall bearish can still trade lower till the green support before going up. In this case we will be looking for new buy setups to form.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich