XVG about to bounce up
It looks like a nice head and shoulders. It is about to touch the trend line. Looks like the third wave is about to kick in. On the RSI it's oversold. On the ADX DI the trend strength is very ambiguous, probably because it is settling in that region. Also on the TDI we can see that the volatility is becoming lower, normally after the blue lines, which indicate volatility tighten up, volatility explodes. I honestly doubt that it can go a lot more lower than this. It is a nice entry point to go long.
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