I believe that we will see a bit more correction by XDN, however, it does seem that it is getting to a stable value. Volatility is much lower, volumes are stabilising and the descending wedge is filling up. The previous analysis had all targets met. The target for this analysis is still short - the range of 105 to 115 may prove to be very good entry levels. When we reach our target, I will update again to see if we can buy in.
Comment
⋅
This was the previous analysis for reference.
Comment
⋅
If you find this useful, please be so kind as to like and agree so this can increase my exposure on Tradingview :-)
Trade closed: target reached
⋅
Comment
⋅
I am not buying in now. All our targets have been reached, however, this has broken through support of 105. Its going to 70 SAT now.