petzergling

XMR LONG - TK Cross & Kumo Break

Long
POLONIEX:XMRBTC   Monero / Bitcoin
4
8H ago we got a TK cross and in a candle close in a fat 4H cloud. We have some overbought conditions so I'm expecting a pullback in the 175-178 range before a jump up to the 195s. The risk reward here is good, almost 4 to 1 on an edge to edge trade as we have support around the 170 area.
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.