XEM Cup and handle

Stewart_G Updated   
Will await confirmation of break out from the wedge and a close above the lip of the cup before entry. Huge gains possible though!

Not trading advice, just for fun.
Broken out of the handle.

1) buy now with a stop around 0.11 and TP around 0.5 (300% profit potential)
2) wait for a likely pull back from 0.5 and then buy in, set a few targets all the way to $9 (as shown on the chart above.

Very long term setup so expect some big pull backs on the way. Nothing is guaranteed to trade carefully with sensible stops and low/no leverage.

This is not financial advice.


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