XMR Gartley On The Daily
Updated
XMR has formed a harmonic pattern that is apparent over multiple high-time frames, beginning with daily, but also showing on the 2day, 5day, and the weekly.
Take profits are yellow, stop loss is red
Take profits are yellow, stop loss is red
Note
You can see confirmation on the Harmonic Strength Index (below MACD) and confirmation on Amplified RSI (bottom)Note
Remember this is on the daily and weekly. Took a little longer than I was willing to wait to begin playing out, but now that she's playing out we should be in a long term, sustained uptrend.Note
11 weeks later, XMR is on the verge of doing something amazing. I unfortunately cant seem to figure out how to add pictures of charts to the updates of an idea, so you will have to take my word for it or go look on your chart, but $131.90 (the bottom) was the pattern completion zone of a bullish Butterfly on the 5Day/Weekly.
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.