XLM/USD Potential Trend Reversal
Updated
A Bottom Head & Shoulders Pattern has recently been formed and the price failed to stay above the critical resistance levels ( H&S neckline and the blue EMA 200).
Currently a potential wedge is forming up and I would be bullish if the price broke 0.132 with a final target of 0.19. Short/stop if the wedge breaks downward.
Currently a potential wedge is forming up and I would be bullish if the price broke 0.132 with a final target of 0.19. Short/stop if the wedge breaks downward.
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Don't forget to put your stops.Trade closed: stop reached
XLM Failed
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