XMR is all the way since it crossed the 0.0160 Satoshi mark, after 0.0169 Satoshi mark there is no HH or no LL and we can see a tired uptrend i.e HH sequence and there is no LL after 0.0171 Satoshi. We breached the immediate sellers and maintaining grounds above the hash color line S &R. We can expect that price could reach the top of the . But its a Highly risky trade as we have to keep a wider stop loss because we are trading against BTC and BTC has strength.
Stop loss: 0.0167
Position Size: 1% Risk on your capital/800
Risk/Reward: 1:1 So, less RR.
If TP is hit then we will be at 8% profit.
Buy from Sellers and Sell from Buyers.