Hello again!
At first: don't trust me - It's your money - Your decisions
Let's have a look on the weekly timeframe:
Overall i'm very bullish on XRP for the next couple of weeks, but there is a bearish gravestone on the weekly. We saw a nice bull run on the daily without clean retracements, so it's likely that the gravestone pays out and we see some pullback. Into the bargain we had LH's and LL's on the 4H / D timeframes. There are different targets on my chart between -20 and -40% and it is hard to say where we find weekly support if the bearish scenario pays out.
The next weekly candle will verify a bearish or bullish trend. I'm out of my position atm.
Bearish confirmation:
> opening a short position when you saw a confirmation, and low of the Doji breaks down. | S/L .277
Bullish confirmation:
> the weekly goes or closes higher then previous. | S/L .321
/! take care of fake breakouts
/! maybe we see some faster pullback on the daily and still get a bullish confirmation at the weekly
Stay safe :)
Comments welcome
At first: don't trust me - It's your money - Your decisions
Let's have a look on the weekly timeframe:
Overall i'm very bullish on XRP for the next couple of weeks, but there is a bearish gravestone on the weekly. We saw a nice bull run on the daily without clean retracements, so it's likely that the gravestone pays out and we see some pullback. Into the bargain we had LH's and LL's on the 4H / D timeframes. There are different targets on my chart between -20 and -40% and it is hard to say where we find weekly support if the bearish scenario pays out.
The next weekly candle will verify a bearish or bullish trend. I'm out of my position atm.
Bearish confirmation:
> opening a short position when you saw a confirmation, and low of the Doji breaks down. | S/L .277
Bullish confirmation:
> the weekly goes or closes higher then previous. | S/L .321
/! take care of fake breakouts
/! maybe we see some faster pullback on the daily and still get a bullish confirmation at the weekly
Stay safe :)
Comments welcome
註釋
Targets between .235- .255交易進行
100 MA @ 4H turned from support into resistance. 200 MA is slightly below targets.
手動結束交易
strong support target .27 hit - i didnt notice :(closed bulls step in after breakout .303
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。