The 25-27sts zone could be the bottom of the downtrend, the buying pressure is back and we can buy and hold XVG because the risk is quite small. The heading targets is the 40sts, 50sts or even 75sts Risk only happens when XVG closes 1D candle below 23sts.
📈BUY- LONG - Buy: 25-27sts. Stoploss if B
📉SELL-SHORT - Sell: 38-40sts. Stoploss if A - Sell: 48-50sts. Stoploss if A - Sell: 73-75sts. Stoploss if A
♻️BACK-UP - Buy: 20-22sts. Stoploss if B
❓Details: Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
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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.