Bitcoin (BTC)We're in a bear's market, and price doesn't show much signs off swinging higher. Only a mere pullback in a bear's market.
Fundemantal
What is to come today for XRP ?We tested the down trend line twice today, and are now rising, if we test the upward trend, it will confirm a rise to at least 0.335.
If we take into account the fundamental analysis, it would not be surprising if we reach this target and even break higher.
Today XRP can trade across all of Coinbase's exchanges. So today XRP can reach our target and maybe even higher.
In this kind of situation I would recommend a lot of alerts and no take profit orders. Be alert at all times.
Possible CHF/JPY Short Position !!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 3-4 Days
Actions on -
A – Activating Event
Currency Pair creating a Double Top . Currency pair will move south to the @112.550 level.
B – Beliefs
Market will be rejected at @113.850 level and move towards the first Target 1 level @ 112.550 level.
FX:CHFJPY
Trade Management
Entered @ Still waiting for confirmation. Will wait until the High Importance news report comes out for the CPI JPY
Stop Loss @ 114.150
Target 1 @112.550
Risk/Reward @ 3:1
Happy trading. Will let you know closer to the time if or when executed:)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
