Hello Traders,
we can witness a complete 5 waves
XMRUSD
AND we must go through a correction.
According to the fib retracenement, we should expect a correction between 110 USD and 70 USD.
I also noticed that there is a pattern occurred twice where there was a sharp decrease in price " highlighted in the chart". this is a strong indication that this pattern might occur again. Seeing that we are in the 5th wave, and coming towards a correction phase, this correction could be deadly :)
My sell signal would be anything below 152 USD, stop loss is 175
Happy Trading :)
we can witness a complete 5 waves
XMRUSD
AND we must go through a correction. According to the fib retracenement, we should expect a correction between 110 USD and 70 USD.
I also noticed that there is a pattern occurred twice where there was a sharp decrease in price " highlighted in the chart". this is a strong indication that this pattern might occur again. Seeing that we are in the 5th wave, and coming towards a correction phase, this correction could be deadly :)
My sell signal would be anything below 152 USD, stop loss is 175
Happy Trading :)
Order cancelled:
Selling Signal did not trigger
Harbs