1H trend chart
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XEM is building a big bull flag.
In this flag, a short-term downtrend line(the red one) is resisting price.
If price can take the red line out, it's an aggressive entry timing(with high risk)
Better and safer timing to open position will come when the upper down trend line is broken out.
Both entry get same targets, trading strategy as below.
-
Profit Targets:
a) 0.1915----Fib(1)
b) 0.2074~0.2138---Fib(1.272~1.382)
c) 0.2207-----Fib(1.618)
Stop losses:
a) Depend on the point of break-out
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🌔Signal channel: t.me/tradingdiary_cat
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→Join Teaching Group for free!(PM me)
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.