XPR, don't sell now

So, for starting I'm pretty pissed off at myself because I wasn't home and I couldn't swing this one, secondly I'm pissed off at myself because 3 days ago I sold expecting a dump but then I FOMOed and I rebought losing 4%.... but as this happens to me very often, my analysis wasn't wrong, it was just too early. I see things coming too early (I swear I'm not trying to brag) and it's also a bad thing because then I think my analysis isn't correct and instead.... I SHOULD WAIT!

HERE starts my real TA:
as you can see the dump is almost close to the 0.786 which is were most of trends do a reversal. Even indicators show a slight change of the momentum, soon it will start going up again. Selling now means trying to catch a 5% when instead you risk to lose much more as it dumped over 20% since my wedge broke down. At this point you can either do as follows:

• if you have bought XPR at higher price and have fiat to invest you can start buy again, I'd go 50% now and set a buy closer to 0.786 Fib line so that you lower your entry price;
  
• if you don't have money (like me) and you already have XPR, then DO NOT SELL for any reason because this is going reverse soon;
  
• if you don't have XPR at all and have money... follow my first point as well
  

From another point of view this drop is creating a falling wedge, I'll post something about tomorrow or the day after.
Good luck

Commentaire:

I told you it was about to reverse! Congrats if you followed my advice of not selling.

Commentaire:

the week has just started, however my first impression is that we'll have another red weekly candle which I hope it'll be a reversal candle and then the XPR will start again going up.