XVG - Correction bounce long

XVG ready to bounce today or tomorrow.

I publish 2 enter zone - RISK for maximize your profits and SAFETY for minimize your risks. Split it like your risks.
Also we have 2 targets. I prefer to close mainly part of position at target 1 but you can try get some profits at high level target 2.

But to first we need to broke RESISTANCE line of bearish fall.

Trade active

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Enter right now not so good idea because we under a big resistance. If you search enter zone right now - the best is waiting retrace to 735 zone.

And has a sense to take 50% your profits around 830. Because under 830 we have big resistance too.

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Update chart and targets.

Possible moving in downtrend channel. If you still on position - be carefully around 817 zone. Very possible reversal on this level.

Im trying to find new enter zones - 577-628 now seems like is good.

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802-811 Resistance zone

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Already here. Be carefully. SRSI on 4H is max + we are testing upper line of downtrend channel.

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First target reached. Flag here. Waiting for retrace to target open zone.

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Create new post for shorts. Comments and questions are welcome.

artgen567

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artgen567