Hi everyone:
XPTUSD long term analysis and approach.
We see price had a massive dropped from mid February, and have since made several bull run to recover much of the price.
The current price action is showing a larger continuation structure, indicating more bull momentum could come in once the correction finishes.
I would go down to the lower time frame to look for breakouts and continuation structures to go long.
This could be a long term buy to the top of the higher time frame structure, and we can monitor to see further upside.
Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
XPTUSD long term analysis and approach.
We see price had a massive dropped from mid February, and have since made several bull run to recover much of the price.
The current price action is showing a larger continuation structure, indicating more bull momentum could come in once the correction finishes.
I would go down to the lower time frame to look for breakouts and continuation structures to go long.
This could be a long term buy to the top of the higher time frame structure, and we can monitor to see further upside.
Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
Note
Weekly/Monthly outlookNote
Wait for confirmation of a continuation correction here before enter.Note
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.
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.