XRD Looks bullish for short term as it had Market structure shift on Daily TF and Tapped on Daily FVG as well. On H4 It looks like AMD Model Where we have accumulation first (Blue) then Manipulation (Red) and Now i am expecting Distribution to the Upside for Buy side Liquidity. Targets are marked with red lines. Let's see how it plays out. if you like my idea hit...
We last looked into Radix (XRDUSD) back in April, giving an accurate sell signal (see chart below) upon the 0.1200 Resistance rejection, hitting both of our 0.0700 and 0.0550 targets: The price made today the first major bullish break-out since April, breaking above the Lower Highs trend-line, as well as the 1D MA50 (blue trend-line). It is testing now the 1D...
Radix (XRDUSD) is on a strong rise in the past five days. However, unless it closes above the 0.1200 Resistance, it is more likely to seek Support on either the 1D MA50 (blue trend-line) or the 1D MA200 (orange trend-line) before making a new High. That is because based on the 1D RSI, the current 5 day rise may be similar to the dead cat bounce on February 15 and...