Potential Elliot Wave XMRUSD. Wave 1 not complete yet. Top of Wave 1 based off of previous support/resistance.
Note
61.8 of Wave 1 = 91.66 (Placed Limit Buy order). If order fills plan to sell between 105 - 110. $110 looks like the top of Wave 3. Wave 1 could continue if it does not meat the 50.0 - 61.8 retracement.Trade active
Had to adjust the retracment due to the first wave having more momentum. 61.8 levels reached of wave 2. Look for wave 3 to be between 110 - 114.Note
Disregard the last screenshot wrong chart :)Note
Note
Looks like it could be breaking a pennant to continue with wave 3. $103 is the true test as this is precious resistance. Running very tight. 
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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.