Machiavelli_Art_Of_Trading

Machiavelli_Art_Of_Trading

On the 1 month chart The XLM Cup & Handle Minimum Target hits the 0.61 Trend based fib extension exactly with a measurement taken from solid candle to solid candle from the base of the cup to the neck of the top of the cup. The 1 month chart has RSI hidden bullish divergence, the candle closes in 10 days. Major support level of 0.23 FIB level holding as of now...

Machiavelli_Art_Of_Trading

Targets for both scenarios

Machiavelli_Art_Of_Trading

Just a quick sketch on price movement for the current Elliot wave.