sevensphere
Long

Nice flag over the last structure

BITFINEX:XRPUSD   XRP / U.S. Dollar
XRP will rocket.
The only question is when.
A buy order over that flag and a breakeven strategy is perfect for this setup.
Trade at your own risk!
It might not be over yet. Check my analysis
Reply
sevensphere ForexThief
@ForexThief, it can drop a little more this is why the buy order should always be slightly over the top of the little flag. If it does not break we are not in the trade. But ignore any short setup on low tf, the big surprise is on the upside not the downside. The short setup can vanish during a night. And i know by looking at your chart that you are not a newbie , and coming from me thats alot . But you should learn wave analysis to improve. Sorry i push the only way im able to make money in chaos.
Reply
ForexThief sevensphere
@sevensphere, I don't like Wave theory, because it simply doesnt suit my trading strategy. Anyway I know a lot of traders who use it a lot and are profitable, So I don't have anything against. I'm just using more simplified strategy then u probably (as im looking at your charts). Anyway, if it's going to break upper trendlines with resistance, I'll be looking for some longs too. Good luck bro.
Reply
Believe it too, thanks for the insight =D
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out