Thoughts on #XNO
$XNO is forming a descending triangle on the 4H timeframe, with price consistently respecting the horizontal support zone while facing downward pressure from the descending resistance. The price action is getting tighter, suggesting a potential breakout could be approaching.
I’m keeping $XNO on my radar for a breakout from this structure.
$XNO is forming a descending triangle on the 4H timeframe, with price consistently respecting the horizontal support zone while facing downward pressure from the descending resistance. The price action is getting tighter, suggesting a potential breakout could be approaching.
I’m keeping $XNO on my radar for a breakout from this structure.
