An analysis for XLMUSD using Gann and Fibonacci circle
The fib circle shows a clear passage through 2.618 following a previous rejection at this level (red arrow), this could lead to a breakout
The gann portrays the length of the bear and current bull run
Price is also sitting right above 0.618, which is established from the previous ATH
We still have some steam (steem) left in the tank for the bull run
Happy trading
The fib circle shows a clear passage through 2.618 following a previous rejection at this level (red arrow), this could lead to a breakout
The gann portrays the length of the bear and current bull run
Price is also sitting right above 0.618, which is established from the previous ATH
We still have some steam (steem) left in the tank for the bull run
Happy trading