Stellar Lumens
Updated

XLM.usd eyes on $0.495: Genesis fib guarding 50c round number

731
XLM keeps blasting through our targets with ease.
But we are nearing a fib and psych val round number.
Let's see if this fib can offer a dip back to the Golden.
Trade active
PERFECT Fibnastics and Double the profits
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(yellow shaded area is from posting time).

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Zoom in (m5) to look at the entries and TP's
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23% for starters and to pay for SL and spreads.
46% for the main trade and full exit .
38% hopefully for the second entry.

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Zoom in more (m1) and adding a local fib
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60 cents might be it for this bounce,


which could be a "wave B"
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To result in a wave C with a DEEP retrace.
Break of 60 cents would invalidate the ABC.

But in general, our fibs are GOOD.
We can continue to count on them.

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