-TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates
XMRUSD H8: STAGE2 DUMP 50%: SHORT IT from 300USD(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as SHORT because I expect CORRECTION once we hit 300USD.
🔸 Summary and potential trade setup ::: XMRUSD 8hour chart review ::: heavy resistance overhead at 300USD ::: BEAR FLAG in progress now ::: in previous downtrend - expect more losses ::: measured move correction ::: Previously similar distribution setup ::: In April/May 2021 before 40%+ DUMP ::: BEST level to SHORT is near 300 USD ::: BULLS stay out until correction is over ::: BEARS can short from overhead resistance ::: 300 USD heavy resistance won't pass ::: Stage2 50%+ correction possible/likely ::: currently no trade setup for active traders ::: shorting near range highs makes sense ::: 300 USD is heavy resistance / SHORT IT ::: TP BEARS is re-test of 150 USD ::: recommended strategy: SHORT 300 USD ::: good luck traders! ::: SHORT HIGH and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: PULLBACK/2/50% ::: Sentiment outlook short-term: FINAL PUMP/300USD
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