XME metals & mining BO falling wedge, targets 82 measured flag
XME is one of the few etfs that still have a large upside in an environment of high inflation & supply chain issues especially those related to EVs, batteries, semiconductors & renewable energy.
82 will be the measured move of a bull flag BO. 82 is also a confluence of FIB 1.618 & 3.0 & 0.786.
39 is a very strong support so this support will hold & therefore gives a very good risk-to-reward ratio.
Not trading advice
82 will be the measured move of a bull flag BO. 82 is also a confluence of FIB 1.618 & 3.0 & 0.786.
39 is a very strong support so this support will hold & therefore gives a very good risk-to-reward ratio.
Not trading advice