XLMLong
XLMUSD long
On the higher time frames you will notice that price has surged higher and recently has pulled back towards a key area of support which also confluences with the 61.8% fib level.
Price has recently found support and consolidated a bit before breaking out of the consolidation.
I have entered a long position on the basis that it has broken higher and pulled back to retest what was resistance which has now become support.
This is a classic break and retest. Break resistance pull back and retest it as new found support.
Price has recently found support and consolidated a bit before breaking out of the consolidation.
I have entered a long position on the basis that it has broken higher and pulled back to retest what was resistance which has now become support.
This is a classic break and retest. Break resistance pull back and retest it as new found support.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.