XLMUSD broke the previous Channel Down on 1D on fundamental market parameters making a high at 0.3050, which is however a technical Lower High on 1W (RSI = 48.747, MACD = -0.010). Since the Lower High was within the 0.681 - 0.786 (0.2337 - 0.3143) Fibonacci retracement zone, we expect the price to make an equally quick technical gap fill on 1D to 0.1930. We have entered new shorts targeting this gap (0.1930) as well as the previous two targets: 0.1802 and 0.1713 (June 29, 2018 low).
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investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.