Before anything else, pay attention to the timeframe of the analysis; it’s weekly.
It seems that wave C of the weekly triangle has ended, and the price has entered wave D.
Wave D could progress up to the ATH or even slightly exceed it.
For wave E, we will have a rejection, and then the main upward move will form.
On the chart, we have marked a green line as our KEY LEVEL. As long as the price stays above this line, XMR is super bullish.
A weekly candle closing below the invalidation level will invalidate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
It seems that wave C of the weekly triangle has ended, and the price has entered wave D.
Wave D could progress up to the ATH or even slightly exceed it.
For wave E, we will have a rejection, and then the main upward move will form.
On the chart, we have marked a green line as our KEY LEVEL. As long as the price stays above this line, XMR is super bullish.
A weekly candle closing below the invalidation level will invalidate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
After hitting the green line, it pumped up to 137% and reached the red box
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Free membership: t.me/Behdark_EN
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💎 Exclusive signals are only shared on our Telegram channel
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.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
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.