XEM looks bullish
XEM appears to be inside a large diametric, with the D wave being a triangle.
We now seem to be at the end of wave D and will soon enter bullish wave E.
Wave E of this diametric is a bullish wave.
If the price returns to the green range, we will look for buy/long positions
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
We now seem to be at the end of wave D and will soon enter bullish wave E.
Wave E of this diametric is a bullish wave.
If the price returns to the green range, we will look for buy/long positions
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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