-XMR support clearly held well and we had a bounce
-RSI downtrend is broken
-First resistance zone at 215-220$ (also triangle resistance) very likely to be reached (+26%)
-We will re valuate when close to resistance if there is a chance of break up o it will go back to support ( needed volume)
-Stop loss 142$
-Risk Reward Ratio 1.74
-RSI downtrend is broken
-First resistance zone at 215-220$ (also triangle resistance) very likely to be reached (+26%)
-We will re valuate when close to resistance if there is a chance of break up o it will go back to support ( needed volume)
-Stop loss 142$
-Risk Reward Ratio 1.74
Trade active
Trade still active.
-We are close to trendline resistance
-Rsi trendline retested as support
-Higher low
Trade closed: stop reached
Stop reached. Price could reverse soon but my trade plan is invalidated.
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.
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.