XMRUSD 2017 annual review & caution ahead

As the chart shows, in 2017 we've had several rounds of rallies:

• All started with the weekly EMA crossing the monthly EMA.
  
• All ended with a long-tailed pin bar that closed under the weekly EMA.
  
• All retraced to .382 levels.
  
• All accompanied by volume movements.
  

Today:

• We just had a long-tailed pin bar that closed under the weekly EMA.
  
• We haven't really retraced to .382 levels.
  
• Volume is much lower today.
  

This recovery therefore may be short-lived.

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