XMR dropped nicely to a major daily support cluster.
The price was nicely rejected and now we see a classic bullish accumulation on 4H
with a sequence of equal highs and higher lows.
To catch a bullish continuation, wait for a bullish breakout (4H candle close above) of 227.0 resistance.
Then buy aggressively or on retest.
Your goals will be:
251
272
In case of a formation of a new lower low on 4H, setup will be invalid.
Note
Check my new analysis on AUDCAD: 
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.