MatrixManny

XRPUSD LONG position Counter trend Trade

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BITFINEX:XRPUSD   瑞波幣
we have a trend line deviation here, where we are expecting a market reversal in confluence with market volume and current strength.

So it does look like a short market reversal is taking place this could be a reversal before it continues onwards in a downward trend/direction before ultimately starting to shoot up again.

Fibs and trend and market structure are used in this analysis
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