Xrp back in 2017/2018 pullback due?I know everyone is excited about the bull rally. But I am telling my emotions to shut up. I sell high and I buy low. I don’t sell and buy everything at once. I risk manage it. I buy low and sell high. No need to think about it. No need to get emotionally involved. No need to imagine about fantasies. All I see is the chart, all I know is I buy at low prices, and I sell at high prices. So as I have sold another amount of xrp at 0.65 cents. So if it drops as it did in 2017 time frame. I’ll be there to re enter. I’m not thinking I’m smarter than the market. I am just following the market. Keeping a very close eye.
Sell-trend
A little sprint to the bottom GPB/USD => shortWe have an overall bearish trend and price is at a key/support level. As we can see it traveled up a little bit but the trendline proofs to be rock solid. We are expecting a drop to the next strong support and that the trendline continuously make a good job. Price is currently at a good position. Good opportunity for setting up a better Risk/Reward-Ratio.
GBP/AUD: Short entry triggeredHi guys,
The triple support yesterday broke so I am on the short side. Pullback was done during the Asian session, and it is now at a key level but volumes are low, suggesting the pair could go back south again.
The R/R for this trade is > 4.
***Trade at your own risk***
Inverted Cup and Handle in GBPAUDHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see that there is an inverted cup and handle chart pattern. Cup has been formed if the pair makes the handle one can wait for the handle to form and then take a sell call. If, however, the pair doesn't form the handle then one can take a sell call as it is in sell trade as per our analysis.
Let us know your views on this in the comment section. Thank you all.
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Ryan.R.Lopes.
GBPAUD 1:11 R:R SHORTHere on GA we have had a big gap to the upside on market open. Usually the gap will close right away, but occasionally you will have the market immediately swing in the opposite direction for 1-2 4H candles, and then fill the gap and continue that momentum. With this theory, we would be seeing GA topping out at this region and preparing to roll over to the downside. Add this to the fact that we have been in a medium term bearish trend, and as well we are 160 PIPS away from our weekly key level of 1.85000. With these confluences, i'm very confident we will be seeing 1.85000 met in the first half of the week.
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XAU long term goalsBroke out of channel but didn't seem to be strong enough to hold it's own weight. (pa-dum-tsss)
First bearish 4h closure was a good enough signal for me to get in, knowing draw down would be light as if i were wrong my stops were slightly above the ReTrace of the LowerHigh.
A1 risk/reward.
TP1 immediately smashed with no concerns.
TP2 is awaiting a retest to the area of 1495/1496
TP3 will be a 100% retest to the last LL of this Ultimate Down Trend.
TP4 of course will be the final goal at the bottom of the channel.
This of course, is the over-all idea.
NZDCZK ShortAnalysis: Potential short on NZDCZK
-Approaching key resistance zone
-Price in downtrend
-61.8% retracement of previous impulse leg
-100% projection of previous corrective structure
-127% extension of current corrective move
-100% AB = CD projection
Trade safe and at your own discretion!