otarkpb
Long

xmrusd long idea. repost from delete

BITFINEX:XMRUSD   Monero / U.S. Dollar

Since we are in a bull market . we will look for longs.
also remember to always watch BITFINEX:BTCUSD            

Sometimes BITFINEX:XMRUSD             WILL MOVE INVERSE TO BITFINEX:BTCUSD            

BUT AS WE CAN SEE HERE. THAT IS NOT THE CASE AT THE MOMENT

THEY ARE BOTH UP OVER 89% THE PAST 30 DAYS. THIS FIGHT IS AGAINST THE DOLLAR

OANDA:USDJPY             TVC:DXY            

that is the inverse correlation

I NEVER HEAR OR SEE ANYONE SAY THAT THOUGH. ANYWHO
YOU HAVE DAILY MACD SHOWING SIGNS OF REVERSAL


WAIT FOR 30 MIN AND 4HR TIME FRAMES TO LINE UP...THIS IS A GOOD RULE OF THUMB FOR ANY FINANCIAL MARKET

4HR.


4HR TIMEFRAME
RSI SHOWING IMPULSE
ELLIOT WAVE REMEMBER ALWAYS COUNT YOUR WAVES OR WHATEVER TECHNICAL ANALYSIS YOU DO ON YOUR INDICATORS AS WELL

GO LONG AFTER YOU CAN LOGICALLYT CONFIRM WITHIN YOURSELF THAT YOU ARE SURE THAT PRICE IS IN AN UPTREND
HOW DO YOU KNOW WHEN PRICE IS IN AN UPTREND? WHEN IT BREAKS THE LATEST HIGH OF YOUR TIMEFRAME

FOR EXAMPLE. AFTER PRICE
BROKE YELLOW
AREA YOU CAN SEE
IT WENT UP ANOTHER
7% WHICH IS ALOT
ESPECIALLY
IF YOURE IN A LEVERAGED POSITION


ANYWHO HAPPY TRADING
Trade closed: target reached: all 3 targets already hit

as this is an idea that was posted last night
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