TieuLongFX
Long

Good chance to buy long-term? Reverse history?

POLONIEX:XRPUSD   XRP / U.S. Dollar
My strategy: I used many techniques in my analysis with

- Price Action is a trading technique that allows me to read the market and make subjective trading decisions based on the recent and actual price movements.
- Price Channel is a pair of parallel trend lines that form a chart pattern for a stock or commodity. Channels may be horizontal, ascending or descending. When prices pass through and stay through a trendline representing support or resistance.
- Elliott Wave is a form of technical analysis that finance I use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs, and lows in prices, and other collective factors.
- Supply and Demand is a theory that explains the interaction between the supply of a resource and the demand for that resource . The theory defines the effect that the availability of a particular product and the desire (or demand) for that product has on its price. Generally, low supply and high demand increase price. In contrast, the greater the supply and the lower the demand, the price tends to fall.
- Support and Resistance are a critical part of trend analysis because it can be used to make specific trading decisions and identify when a trend is about to reverse.

"Highly volatile investment product. Past performance is not an indication of future results. The content is intended for educational purposes only and should not be considered as investment advice. Your capital is at risk."

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out