Hmmm....very interesting to me.
Price bounced at the L-MLH.
It produces what I call a corner.
And if I throw a fork on it, it fits the "edge".
Letting it come back and try to hop on to the long side.
P!
XMR has enjoyed a nice ascent to glory the last couple days, and the time of reckoning is here. The downward wedge is pretty much always indicative of a price decline. I am going SHORT on XMR here.
Entered position at 1420.
Target: 1180 - 1230
Stop: 1480
Comment and let me know whether you agree or think I am going to lose all of my money.
Dis gun b gud.