XTZUSD BLOWOUT

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My god, this thing is wild! I got out on blow off top candle and i would like to see consolidation above .618 fib and allow RSI, MA to catch up in order for this thing to continue higher.

*sorry for bad grammar typing with one hand.

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ملاحظة

We should coil back down, let it play out. It is WAY overbought, going in right now is reckless. Although it can still go higher, not my trade to get in. I would look elsewhere and come back in a week or so.

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ملاحظة

Stuck in a descending triangle, in traditional chart pattern it indicates a bearish pattern.

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تم فتح الصفقة

Entry: 2.70 SL: 2.00

Adding position at 2.90 Breaking above prior swing high.

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ملاحظة

Market is screaming saying we are going higher.

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تم إغلاق الصفقة يدويًا

I think we are topping out soon. Not worth staying for extra dollar.