TradingView
ForecastCity_ME
Oct 7, 2021 7:42 AM

💡Don't miss the great buy opportunity in XMRUSD Long

Description


Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (275.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76

Take Profits:
TP5= @ 382.6
TP4= @ 360.5
TP3= @ 335.7
TP2= @ 320.1
TP1= @ 300.1

SL= Break below S2

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Comments
Megan_forex
Nice view! 👍
ForecastCity_ME
@Megan_forex, Thank you
sofi_Morphy
Great idea. Thanks
ForecastCity_ME
@sofi_Morphy, You're welcome
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