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XRPUSD 2H Lower Highs Lower LowsPair has failed to make a new swing high Price is making lower highs lower lows Price can bounce bullish off 50 sma or break below it Price can consolidate between 50 and 100 sma As price falls from 50 to 100 sma it can go half way and return back to 50 sma If that happens price can move above 50 sma and rise to swing high target Or price can bounce short off 50 sma and fall to 100 sma If price breaks below 100 sma it may fall to swing low target Watch Macd in relation to Macd red line, 0 level line, Stoch blue dotted lines
BITFINEX:XRPUSD
by Tradingstrategyguides
EURAUD 4H Triple Top PatternPrice tried to breakout of double top resistance and make higher highs. Breakout failed and is creating a bearish candle pattern. Sell Stops are listed Take Profit is listed Macd is currently in a buy position being above the 0 level line. Bullish Continuation Trend failed Possibly will make Macd fall below 0 level line Macd will be my stop loss if below 0 level line If Macd goes above 0 level close out sell trades If Macd is below 0 level confirmation of sell trades.
Short
by Tradingstrategyguides