Analysis: - Cup and Handle Formation - entry after clear break of handle channel. TP - i am looking at 2.3 USD Comment where you think XRP will go To da MOOON!
Analysis -From the double top on daily chart, a strong bearish impulse was made -Previously i was expecting the retracement to be at 77.145 resistance, however it was rejected to the 61.8% of the Fibonacci retracement at 77.956 - This Bearish trend is assumed to still be valid but is very important to break the strong support level Trading plan - I will be...
Analysis: - daily channel has been broken and retested - the daily support zone is respected as the weekly candle close which indicates a possible bullish trend reversal -The weekly time frame shows a possible W formation Trading plan: - High risk open position with small lot size below resistance 1.56700 - low risk entry and better confirmation after price has...
- Wait for H4 confirmation for bullish trend before entry - if price breaks the support, short
Analysis: 1. Ascending channel 2. Key level rejection
analyiss: 1. Weekly/Daily descending channel 2. H4 double Top
Analysis: 1. Daily double Top 2. strong weekly resistance level 3. Weekly retracement needed for the bullish continuation + break resistance
Analysis: 1. Weekly ascending channel 2. H4 descending channel Trading plan: 1. Long after H4 bullish confirmation. 2. if price breaks lower, Short
Analysis - The Monthly Trendline Break and retraced beautifully -The market then made an impulse creating a new Higher High and Higher low - Both daily and weekly closed above Key level completing the weekly retracement Trading Plan - Wait for H4 confirmation for the bullish continuation
Analysis - Market broke the bearish structure - We should be seeing a Daily retracement - Daily,weekly candle close above Key Level Trading Plan - Short term Long for the retracement -Long term Short for the bearish trend continuation. Note: Price must break Key Level for the long term Short.
Swing - Short at the neckline Intraday- Buy - TP at the resistance zone/Neckline/Golden Zone of the fibonacci retracement Analysis: Overextended M formation
Analysis - An impulse has broken the Key level and weekly candle close above > After an impulse we expect to see a retracement > wait for a H4 confirmation Please comment if you havve different ideas!
Analysis - Overextended M formation + supply area
Resistance zone is now turned support. Good buying opportunity with a good risk reward/
Analysis, - possible retracement to atleast 32.8 % of the fibonacci retracement - Inverted H&S .
Analysis : 1. The market just made a massive bullish impulse, I will be waiting for confirmation on H4 for the retracement to the 38.2% of FIbo This area is also a very strong support zone. 2. An Overextended W formation is visible, In addition to the impulse mentioned (1) this Chart Pattern adds to my confluences forming a beautiful structure. Trading...
-The price is currently in a strong Daily Resistance Zone , -The HNS on H4 should bring the price down to the Trendline. Trading Strategy: -Wait for the the price to break the trendline, short after Retracement!
Previously I mentioned that if the price manage to break the support zone , i will be looking for a short opportunity with TP at the bottom Trendline. This is exactly what the market did ( with one visible retracement) Analysis: 1. This tells us that the bottom Trendline is respected. 2. We will looking for a buy opportunity once a shift from a bearish to a...