XMR / EUR 1d chart ALERT- nice BIIIIG TRIANGLE pattern! Price Action Analisys and BUYING Strategy explained

in #crypto6 years ago

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!

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