Short

Monero/USD

Updated

Looking to short XMR around this $233 mark as is a resistance level. Recently broke out of downward 'channel'. Expecting a retrace when nearing the resistance level, to retrace and use the top of the 'channel'(for want of a better term) .

Note

First 'proper' touch of resistance line. Hoping now for a RSI fall and the price to follow suit & follow description above.

Trade closed: target reached

Trade planned out as wanted.

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.