DYDX Long Setup
DYDX has a bullish chart, broke the downtrend on the daily timeframe and then started making higher highs, breaking the SMA 200 and then retesting
with rejection forming a Bullish engulfing, I didn't take this entry, so in order to have the best risk reward possible, I'll wait for the price to get closer to our ascending trendline and we'll go long with the confirmation, I'll update the idea as soon as that happens.
with rejection forming a Bullish engulfing, I didn't take this entry, so in order to have the best risk reward possible, I'll wait for the price to get closer to our ascending trendline and we'll go long with the confirmation, I'll update the idea as soon as that happens.
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