Owerall bearish market structure. Breaking D support area, pullback to TL . 0.832 level -waiting for confirmations. If there is sellers pressure we have 1:2 RR. 20:40 .
Yesterday we saw huge drop 300+ pips, price needs to do some correction, interesting level at 50% Fib level, if price rejects we have potential short trade with 1:2 RR.
News pushed up tis pair to some ceretain key level, big bearish engulfing showing us some short momentum, IMO i will wait for 50% retrace , aswel there is 141 level. 15PIP SL RR3:1
XRP/EUR Daily chart.
Last 7 Days change +8,48
Today's change +5,35
Price needs to brake out of this descending triangle to the upper side if we would like to see continuation, as we see we allready had two touches of our strong support level at 0,25 which is there from December last year. Positive looking on this pair. Few more zones on the chart just for...
IMO Overall Bullish , 4H Chart, waiting for third touch of T.L. Retest of psy level of 1.3400 , continuation or reversal will se, wait for price action !
