Review & explanation for my 3% Monero scalp

in #cryptocurrency3 years ago

Monero (XMR/USD) 1h chart: I saw the bearish divergence on the RSI and MACD histogram and I entered a short at 121.25$. I targeted the 0.786$ level (117.39$) for a 3.2% scalp.

Click here to enlarge the image

monero divergences.png

5 min chart indicating the massive bearish divergence

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monero 5min.png

Another sign I was looking at, was the ending of the 5 impulse wave Elliot cycle. A ABC correction had to come, so it was quite obvious it was going to fall.

Click here to enlarge the image

monero elliot.png

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These are some of the exchanges I use:

(you can support my work by registering via these links)


ALWAYS CREATE A DIFFERENT PASSWORD FOR EACH EXCHANGE!
NEVER HAVE THE SAME PASSWORD TWICE!
SAVE THE PAGES TO YOUR BOOKMARKS, SO THAT YOU WON'T CLICK ON SCAM SITES! MANY GOT FOOLED AND LOST A LOT OF MONEY!

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Thanks for reading and safe trading!

If you find this post useful please:

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