Hello guys how are you doing?
XVG chart is showing an interesting pattern . I can see a cup and handle pattern has been formed and this might lead to an impulsive Elliot wave with a target upto $0.18 to $0.22 .
Please see the analysis below. If the price goes as per the trend showed below then I can see another higher degree cup and handle to be formed in future and that will lead verge to higher high . This is what I call one Cup on top of another.
An opportunity for massive profit. Long term target perspective I can count for $0.60 to $0.70.
