WiseTraderIO

Potential Monero correction

Short
WiseTraderIO Updated   
HITBTC:XMRUSD   Monero
Is this a flag or descending triangle?

To me it looks more like correction time. Monero had several moves up, now the high probability scenario is favouring a correction.

Please refer to the chart for potential targets.
Trade active:
the triangle broke, lets see if it can reach target
Trade active:
Triangle Target achieved.
Depending on Bitcoin we will see if the rest of the idea will also take place
Trade closed: target reached:
Happy days, target reached much sooner than expected.

I am expecting a bounce to low 90s
Comment:

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