Machiavelli_Art_Of_Trading

XLM Cup & Handle Target

Panjang
On the 1 month chart The XLM Cup & Handle Minimum Target hits the 0.61 Trend based fib extension exactly with a measurement taken from solid candle to solid candle from the base of the cup to the neck of the top of the cup.

The 1 month chart has RSI hidden bullish divergence, the candle closes in 10 days.
Major support level of 0.23 FIB level holding as of now after being rejected from the 0.32 FIB level
A clear indicator that the Trend based fib extension levels are being respected.

Thanks for looking!






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