Long
#XEM in a range with solid support

#XEM
We have some extremely solid support between 357 - 367 in place since May. Looking like a healthy range with a big rejection. Naturally there is a lot of market FUD at the moment although the healthy stop-loss should sustain unless complete nuketown. Aiming for a 1.5 RR just under top of range and a stretch of 3 RR if things get back to a bullish scenario. Don't be afraird to take profit early on this one in case the CZ/SBF conflict grows. #
We have some extremely solid support between 357 - 367 in place since May. Looking like a healthy range with a big rejection. Naturally there is a lot of market FUD at the moment although the healthy stop-loss should sustain unless complete nuketown. Aiming for a 1.5 RR just under top of range and a stretch of 3 RR if things get back to a bullish scenario. Don't be afraird to take profit early on this one in case the CZ/SBF conflict grows. #
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.