XPTUSD - Are the bears done?
XPTUSD has made a real bearish structure since running in the highs of 1041, forming Lower Highs and Lower Lows. Thus i would not advice looking for any buys until we break these structures with bullish price action. This been said I see an area of interest where price could reject and have the potential to turn bullish and reverse. On the daily TF a bottom has been formed where price has spiked through. For any potential on reversal price must hold 953-950 region. Safest entry for a bullish entry would be with a break and retest of previous swing high. If price fails to hold this level i would continue to sell on retracements.
~Gratz TopTok
~Gratz TopTok
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