XMR / EUR 1d chart ALERT- nice BIIIIG TRIANGLE pattern! Price Action Analisys and BUYING Strategy explained
XMR price is approaching the basis of a big asymmetrical triangle pattern that started in November 2017. The basis was used for 2 times in the past as a strong support by the price and after touching a strong uptrend mouvement followed. Now the price is touching the support for the third time.
My Buying strategy:
BUY @133€
Stop loss @124€ (-6,5%)
1st TAKE PROFIT @173€ (+30%)
2nd TAKE PROFIT @237€ (+80%)
Happy trading!