Long
Updated

XRF - big potential

236
These are my thoughts on XRF. They are meant to give you an idea, not trading advice.

XRF bounced very hard some days ago, and I think it might just do it again.
If you look at the chart, it's forming the exact triangular formation as it did last week.
I have big hopes on this trade, let's see how it evolves in the next days.

PLEASE be careful, as the market never gives you certainties, only probabilities!
(ALWAYS REMEMBER THIS WHEN YOU TRADE)

Note
looking good so far.
If tomorrow this moves as expected, we could see already a 40 to 50% bounce.
Note
awesome, today it had a massive dump, right down to the resistance. I bought some more around 2.75, for I am expecting this to bounce on Monday and/or Tuesday.
Fingers crossed!
Note
snapshot
Note
looking at the chart, it really needs to bounce here.
I'm still in denial, but there is big probability this will fall down to the yellow MA tomorrow. I'm still bullish in the long term, but looking at the chart, it broke support, what is never a good sign.
Note
since I bought this around 2.75 I am still holding.
I am allowing to let it slip a bit deeper, but if it break 2.6, my warning signals will be red.
Note
awesome, they held the line. I'm really hoping for a big spike up one of these days!
Note
I am still in this trade. support at 2.88

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