XEM/USD waiting for a bullish bounce

POLONIEX:XEMUSD   NEM / US Dollar (calculated by TradingView)
We can see, that the price has made a break above the indicated support line. In most of the cases that we see, the price usually goes above the support line, and then makes a bearish correction back to the line, that is now acting as a support. Then we usually see a bullish bounce. That is exactly what we are expecting here. A small bearish retracement to the indicated support line, then a bullish bounce from the line.

Feel free to grab a copy of our Free Weekly Market Outlook here:

For more content follow us on Instagram and Facebook:

We wish you good luck with your trading!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out