As I continue to observe the markets, I see XLM continuing to perform as expected.
I do believe that we will be range bound for a while yet unless a couple of things happen mentioned in this video.
There is no real need to jump the gun in these scenarios...
As long as you continue to track the overall pattern even at the small degree it becomes clear what is likely taking place.
Right now, it appears as though we are simply in a Wave C bounce of the larger Wave 2 correction and the clues signal a potential bounce to around 24 cents.
But only if certain conditions are met.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
I do believe that we will be range bound for a while yet unless a couple of things happen mentioned in this video.
There is no real need to jump the gun in these scenarios...
As long as you continue to track the overall pattern even at the small degree it becomes clear what is likely taking place.
Right now, it appears as though we are simply in a Wave C bounce of the larger Wave 2 correction and the clues signal a potential bounce to around 24 cents.
But only if certain conditions are met.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
