IdeasTrading1

XVG Update - Retrace coming then further on up

BINANCE:XVGBTC   None
Verge has done another momentous run, not to our surprise. Yet everyone is surprised again.
It has caught me out a little bit due to it's common itra fifth wave extensions.

What's going to happen now? Upper targets are hard to define, but previous resistance and fib levels give us clues.

-A retrace to a max low of around 980
-Likely to run the higher targets of as high as 2200.

I won't bore you with confluence figures - unless you want to know them in the chat.

Thank you & I hope you make some gains trading.

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