Hi friends,
There are a few reasons why I publish this short idea for XTZ.
1) Approaching resistance @ 1.60
2) Broken triangle and looking for a retest at resistance @ 1.60 would line up perfectly
3) Hidden Bearish Divergence on the 4H chart
Entry: 1.60, at resistance
SL: 1.81, just above previous high
TP: 0.93, just above previous low
Feel free to share your idea about XTZ and discuss it here,
Happy trading!
There are a few reasons why I publish this short idea for XTZ.
1) Approaching resistance @ 1.60
2) Broken triangle and looking for a retest at resistance @ 1.60 would line up perfectly
3) Hidden Bearish Divergence on the 4H chart
Entry: 1.60, at resistance
SL: 1.81, just above previous high
TP: 0.93, just above previous low
Feel free to share your idea about XTZ and discuss it here,
Happy trading!