XMR LOOKS SUPER BULLISH (1W)

Before anything else, pay attention to the timeframe of the analysis; it’s weekly.

It seems that wave C of the weekly triangle has ended, and the price has entered wave D.

Wave D could progress up to the ATH or even slightly exceed it.

For wave E, we will have a rejection, and then the main upward move will form.

On the chart, we have marked a green line as our KEY LEVEL. As long as the price stays above this line, XMR is super bullish.

A weekly candle closing below the invalidation level will invalidate the analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You