ショート

Targets hit. Lower High made on 1W. Bearish reversal.

Monero eventually made a Lower High (Highs/Lows = 0.0000) on the 1W Falling Wedge (red dotted lines/ RSI = 42.243, MACD = -24.873, B/BP = -27703), which is the long term pattern that dictates the trend, hitting in the meantime our 115.494 and 120.927 targets. As seen on 1D the rejection has been emphatic with 5H oversold (STOCHRSI = 0.000, Williams = -88.858). We are now short on XMRUSD with TP = 75.792 and 64.104 in extension.

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