-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
XLMUSD D1: JUST BUY/HOLD: AN OVERVIEW OF RECENT CORRECTIONS
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: speculative setup. use FIXED SL.
🔸 Summary and potential trade setup
::: XLMUSD one day/candle chart review/outlook
::: BULLS still maintain control
::: we are right now in the correction
::: MODE until mid-March
::: based on past corrections
::: in 2020/2021
::: THIS IS NORMAL
::: to get a 40-50% correction
::: Expecting correction to complete
::: near 30/33cents by mid-March 2021
::: recommended strategy: BUY/HOLD 30/33c USD
::: TP1 BULLS is 60c TP2 BULLS is 90C +200%
::: previous corrections listed below
::: January 2021 - 50% correction
::: Aug/Sept 2020 - 45% correction
::: Dec 2020 - 50% correction
::: multiple other corrections 50%
::: sequence is 50% correction
::: followed by 150-200% gains/PUMP
::: BUY/HOLD / do not expect miracle gains
::: expecting recovery after we hit 30c/33c
::: good luck traders!
🔸 Supply/Demand Zones
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/60-90c +200% gains
::: Sentiment outlook short-term: BEARS/30c/33c
Trading , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.