I know the COVID-19 lockdowns have put longterms trends at risk a tiny bit. This is just an idea and I'm definitely open to some feedback. Plus, I'm not a financial advisor anyway, and you should be minding your own risk management. haha
This is just an idea and I'm definitely open to some feedback. Plus, I'm not a financial advisor anyway, and you should be minding your own risk management. haha
Lemme know what you think. Because I'm not a financial analyst, and you definitely should be utilizing a risk management anyway.
I'm looking for a potential short on E/U after market open. Not going in guns blazing, it would have to clear the soft zone created on the 1h chart before I'd take it. This is just an idea and I'm definitely open to some feedback. I'm not a financial analyst, and you should be using proper risk management. ;)
4h trendline and support level intersecting. Possible that A/U will fall back to .69000 before trend continues so I'll wait for a strong upward break before I take a long position to the commanding resistance. This is just an idea and I'm definitely open to some feedback. I'm not a financial analyst, and you should be using proper risk management. ;)
BITFINEX:XRPUSD As we can see here, xrp is currently breaking away from its daily trend line which is very strong period if it can break past the major level at .24500 then it's clear to go back up to the weekly resistance point. I will be taking profit at .24550 and then waiting to see what happens at that point, and if it continues I will be looking for...
If xrp can get through .24550 it has a clear path back to the major resistance around .25. Currently going long and will tp @ .24540, after which I'll wait to see how it reacts to that strong 1h level. If it breaks past that, I will be going long to .24250.. Watch out for the fake outs and use proper risk management! **NOT financial advice. Use this for...