I don't usually make these for very short-term plays but I'm so annoyed at not having any freed capital that I had to say something. XMR looks oversold on multiple time frames. Enjoy :/
Could happen any minute, this is one of those large position size sort of scalp trades, but you can leave some on the table for any bigger run-ups.
Could happen any minute, this is one of those large position size sort of scalp trades, but you can leave some on the table for any bigger run-ups.
Short term you can expect a return to the 38.2%, matching an edge-to-edge cloud break hypothesis on the 1H timeframe, and leave some to see if it can hit the 50% level, with a stop loss at the top of the cloud.