XME metals & mining BO falling wedge, targets 82 measured flag

69
XME is one of the few etfs that still have a large upside in an environment of high inflation & supply chain issues especially those related to EVs, batteries, semiconductors & renewable energy.
82 will be the measured move of a bull flag BO. 82 is also a confluence of FIB 1.618 & 3.0 & 0.786.
39 is a very strong support so this support will hold & therefore gives a very good risk-to-reward ratio.
Not trading advice

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.