XRPUSD Short📉Hello friends!
I wish you a profitable day!
As we can see, the price goes down for some time. Since January 19, the price bounced off the resistance line and began to fall. Throughout the entire fall, the price is accompanied by a support line and a resistance line. These lines originate in January 2021. Note that on January 22nd the price was able to break the support line. After this situation, there were no similar movements.
The price has reached the resistance line. As we can see, the price bounced off the line and began its downward movement. Today I expect the price to continue falling and be able to reach the support line. It will be a good and profitable fall!📉
Do you agree?)
Your Solldy.
Siganls
EURUSD Short OANDA:EURUSD
See previous post, such a nice short set up on EU.
After seeing a break out on the higher time frame was awaiting a pull back at re-test of structure which we now have.
I entered this trade after a double top on the 15min chart, with RSI divergence this is also right at strcuture and has hit the 50% fib retracement.
text- book trade very simple,
2 ways to place stops and targets
USDJPY STRUCTURE LONG
The pair has reached a structure support level. Therefore, a bounce up is reasonable to assume.
This level is less strong than 106.890 so for those intending to trade- I suggest using 0.5% of the depot.
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Wish you all the best of luck in your trading.
Bittorrent nice up move setupHello Traders, Bitttorrent made a nice correction on 4h,
so now wait for a nice consolidation in the 1h time frame to confirm the upside move.