Updated

Why You Should Take Your Ripple Gains..

Hey Traders,

One simple lesson; when things come up in the markets and they come up fast..

They fall. That is because the smart money liquidates and everyone else holds on.

Holding on has little factual basis, it is on hope. If you read charts and have a look where people are visibly likely to liquidate (rejection levels as labelled) you can make a far more informed decision.

After all if you don't believe me, just check over various other charts or simply wait and watch any FX Pair on a high volatility news event.

When prices come up people sell. When they come down people buy. Do not hold on forever, just RE buy if you need to on falls,

Trade small, trade wisely.

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Hold off Re longs.

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PS if you are going to RE buy it will need to be mega light. Notice OLD PA is there but not extremely significant.

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Main longs must be far lower on stronger support (better value on your trade)

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Exit all mega light longs for gains as specified ^ Flip mega light short.

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See Early Rejection on re bound. Take note.

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Out all mega light shorts for second round of gains.

You could consider TINY RE longs now. Use profits taken for collateral.

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Remember, after hype comes rejection. Do not spend your life pretending what you want will happen when you want it to, cause it wont just happen like that.

Every investor wants 100$. Or even 1$ as a target. But what YOU want and reality are two different things.

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Remember, any target is an ULTIMATE Target.

So that means it takes time to get there and will not always plummet / rise immediately to where you want.

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Bias remains the same, note how slow XRP has been (volatility just disappears after interest and impulse is removed)…

What’s left? People not buying as heavily

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Into Monday just hold off. If you had continued bias you’d have had a larger rebound. Hype is gone.

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Remember facts beat fictional / emotional trading. What you WANT is not always where markets will take you.

Use logic for a repeatable process over time (take gains when you have them and accept markets can RE fall from where they rise to.

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Continued impulse lost.

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Down we go further... Still following to 0.5 Pre Determined fall level (impulse lost and people are not buying until PA level).

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And a little more...

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Looking for further falls into the remainder of aug

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Ripple Rippling down. Do NOT sell your house.

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Note, Bias reamins^

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And. There it goes. Straight down.

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Remember. Facts don’t care about your feelings. Trade facts.

WillSebastian

Free Pro Multi Asset Trading Guide:

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Posts Not financial advice.

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WillSebastian

Free Pro Multi Asset Trading Guide:

bit.ly/learnttm

Free Discord Secret Server:

discord.gg/tXAcxFVCJU

Posts Not financial advice.

Also on: