XMR/USD for NOV- DEC - Possible bearish and bullish pattern

XMR/USD for NOV- DEC - Possible bearish and bullish pattern


For this graph, We use Elliott Impulse Wave (12345) with eclipse tools


We saw 3 big and small red candles and waiting for green candles


Our stronghold is $50 below to $45.


Verdict:


We open risk, Good buy at $51 - 50


Stop loss at $48 - $45


Expect for November and December with correction just focus on the graph and remove your emotions.


first target $57 - $60 - $70


 Remember TECHNICAL ANALYSIS is all about probabilities and based on previous market performance(not all about certainty)


Disclaimer: This is for educational purposes,it is not intended as a financial advice.


The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.




#Trend Analysis


#Chart Patterns


#Wave Analysis


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