XL bottomed out and time for reversal?
No position and most likely will not open one but i will keep an eye on it.
Can be an interesting swing trade here at these levels.
Looking for it to regain 20 MA.
Given how much it is has crashed, i would tread carefully if entering a position.
Imo, use a tight SL and take profits quickly.
Can be an interesting swing trade here at these levels.
Looking for it to regain 20 MA.
Given how much it is has crashed, i would tread carefully if entering a position.
Imo, use a tight SL and take profits quickly.
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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.