The large structure of XVG has been bearish and has been involved in a correction so far. Now we have an iCH and some iBOS on the chart.
We have a support range in which we expect price rejection upwards.
We are looking for buy/long positions in the green range.
Closing a daily candle below the invaliation 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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After hitting the red box, it was pumped and TP 1 was hit
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