XMRUSD Time for accumulation

 

Pattern: Bullish Megaphone on 1D.

Signal: Buy on the MA50 as the RSI got rejected while the price hit the top of the Megaphone.

Target: 400.000 which is the top of the Megaphone and just below the 2.382 Fibonacci Channel extension.

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Tradingview link:

https://www.tradingview.com/chart/XMRUSD/Cbwe9wjM-XMRUSD-Time-for-accumulation/



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