GU has been ranging for a few hours now and I am expecting a break to the upside before continuing the downward trend.
Got a nice rejection at the resistance area and can expect more downward movement.
Price: 1.16400 SL: 1.16200 TP: 1.17280 R/R: 4.51 Going to take this buy off the bottom of the range and the 38.2 fib line.
Daily closure below the range support gave us the opportunity to take a short position to the next support.
Daily closure below support gave us a chance to try and short this pair.
We can open a short position after closure below the support.
Respecting the trendline, we can try to take it back up to the resistance price.
Looks like we can catch a few pips up off XRP.
XRPUSD recently had a nice little run and many people expect it to continue to be bullish and have been disappointed several times and I think this is one of those times again. It hit an area of majysor resistance and the RSI is far above 70. I believe it has to sell before it even tries to see any higher highs. If it can break the resistance, however, it should...
The RSI just hit the oversold level on an area of support, and before the week closed out we saw a decent run after the NFP numbers were released. I think this will help push the dollar up to the first tp atleast. This means I am looking to sell pairs like EURUSD and GBPUSD and looking to buy USDJPY and USDCAD. What do you think? Like and comment!
GBPJPY was very bullish during the ny session today, but I expect it to sell back down for a few reasons. RSI is extremely oversold and it just ran into some strong resistance. What do you think? Like comment and follow!
XRP got rejected at our 78.6 fib on the daily chart so we should see a further slide down.
I think GU will bounce off of our fib line and continue its upward movement.
We might be able to take a buy once EU hits our support zone.
GJ fell through the lower range support but quickly got back into the range. I expect more upward movement from here.
Looks like we can take a long position of the lower trendline.
Nas just fell back down to a nice buy zone. We can try to take a buy position down here and take it back up to the resistance.
XRP is consolidating in a triangle, once we break out I think we have a good chance for a bullish push up.