Short

Possible H&S Coming Up in 1D

By morningtomyum

Updated

Note the bearish divergence formed on the daily chart, and also with a 1H/4H bearish flag forming, things are not looking up for XTZ. I'm expecting some downside in September.

Note

XTZ broke through the support. Expecting a short retrace back above 3, then another leg down to complete the pattern.

Trade closed: target reached

You're welcome.

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