Sherman_Trades

Sherman_Trades

Scenario 1 or 2?

Sherman_Trades

Expect price manipulation around the 1820.00 zones or simply look for reversal signals around the dollar marked zones $

Sherman_Trades

First of all, it's the beginning of the alt-season. The areas marked with a $ is where price manipulation is highly likely to occur. Set buy limits in those zones.

Sherman_Trades

Well...

Sherman_Trades

I am biased on this trade because Ripple Inc. faced a major sue from SEC. If all goes well in court scenario 1 might happen soon, if all goes bad, scenario 2 will occur. Keep a watch on that Ripple

Sherman_Trades

I am bearish because, the pattern shifter over after hitting the 1875 area of support and reversing abruptly. The potential area of bounce or TP1 and TP2 Zones are the marked rectangles. Keep an eye on the false breakout area. It is possible but not mandatory.

Sherman_Trades

This mainly because I expect a positive NFP Release because of the election and stuff. Anyway, this is my sentiment. if it doesn't work out an alternative scenario is that it might grow to levels of 1.36 or 1.4 long term