XMR projected advance to $200
XMRUSD is breaking out of a perfect cup and handle pattern that has been developing for a few months.
The projected advance (after measuring the distance from the right peak of the cup to the bottom of the cup) gives an upward projection of $201.
The projected advance (after measuring the distance from the right peak of the cup to the bottom of the cup) gives an upward projection of $201.
Trade closed: target reached
Sold at $198. Just a few dollars off target, but delighted to get out when I saw the market turning.
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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.