Looking at this daily chart it seems that XYO has completed a bullish Bat harmonic.
My whiskers are telling me that this could be a good place for a reversal, so I took a small long position.
Let's see if it plays out to the upside or if it rolls over and I get stopped out.
I'll be hiding in the bushes and watching Bitcoin and the overall crypto markets...
.236 has been a point of previous resistance and support
Falling wedges tend to break out bullishly
I would like to see this current falling wedge break out at the support point of .236
www.tradingview.com
An idea for XYOUSD
Circles suggest another rejection, creating the triple top
This aligns well with both circles, one being the rejection point, the other a support point
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
