-XMR support clearly held well and we had a bounce
-RSI downtrend is broken
-First resistance zone at 215-220$ (also triangle resistance) very likely to be reached (+26%)
-We will re valuate when close to resistance if there is a chance of break up o it will go back to support ( needed volume)
-Stop loss 142$
-Risk Reward Ratio 1.74
-RSI downtrend is broken
-First resistance zone at 215-220$ (also triangle resistance) very likely to be reached (+26%)
-We will re valuate when close to resistance if there is a chance of break up o it will go back to support ( needed volume)
-Stop loss 142$
-Risk Reward Ratio 1.74
Trade active:
Trade still active.
-We are close to trendline resistance
-Rsi trendline retested as support
-Higher low
Trade still active.
-We are close to trendline resistance
-Rsi trendline retested as support
-Higher low
Trade closed: stop reached:
Stop reached. Price could reverse soon but my trade plan is invalidated.