$XVG wait for further correction
We've seen a nice breakout, followed by an upmove which missed my target just a bit (on chart). See below the link to my previous set up.
I'm noticing bearish divergence on MACD, so I'm expecting a bit more correction towards 135 and from that area, we could expect a possible bounce towards the next target in the 280-300 area.
That target can only be determined imho after we finish the correction.
Tradingadvice: let the correction do its thing and wait for the mentioned area, I will update when we reach that area.
I'm noticing bearish divergence on MACD, so I'm expecting a bit more correction towards 135 and from that area, we could expect a possible bounce towards the next target in the 280-300 area.
That target can only be determined imho after we finish the correction.
Tradingadvice: let the correction do its thing and wait for the mentioned area, I will update when we reach that area.
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