Thoughts on#SRTK4H TF for September 4, 2024
Be extremely careful with opening LONG positions.
At the moment, there was no retest of the 0.3150 values from August 5 of this year.
Currently,#STRKis trading between 1 and 0.786 Fibonacci (short cycle)
A block order was formed at 0.3603 to 0.33703, confirmed by VPVR and moving averages that accumulate momentum for a short position.
I advise entering a LONG position after breaking the downward trend, namely from 0.3901 to the upper border of the bear flag 0.4285
A clear SHORT position can be considered when updating the lows of 0.3150 with short stops.
Don't be greedy! Profit to everyone! Always use stops!