StructuredTrading

xrd looking for a 75% correction

Short
Xrd has had some impressive moves over the last few weeks, now it is time for a correction.
Head and shoulders pattern forming, looking for confirmation of break in neck line.
we should see a restest of previous resistance at around $0.14

please share youre thoughts.
Comment:
Xrd getting dangerously close to the neckline, time to pay attention.
Order cancelled:
Xrd failed to complete head and shoulders pattern.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.