This trade will be trading the xabcd pattern seen on the chart. While it is not a perfect pattern it does fit the profile.
Entry: .0340 (current price)
Stop loss: .0210 (X point)
Target: .0550 (B point)
5-10 weeks for trade to mature
BUY IF AND ONLY IF THE MARKET EXCEEDS 6580, PRICE AT THE TIME OF PUBLISHING IS 6560.
Stop Loss: 6470
1-2-3 Bottom coupled with rising intraday trend. Trade should run its course over the next 3-5 days.
A 1-2-3 bottom has formed and we have already seen the market break out to the upside from those recent lows. Today's pullback gives us an opportunity to buy the dip and hang on for a rally back above .100. Buy any level below .075 , run stops below .060 and target .100 or above. This trade could take up to 8 weeks to mature but more likely to see it in the...
Is the current move in ripple just another false start or the start of something real? Only time and hindsight will tell but we do have multiple factors pointing to the possibility of it being the real deal this time around. Basically we are buying the bull flag, targeting a run above the recent highs at .80 with stops below the flag. Better than 1.5 to 1...
XMRUSD formed a solid 1-2-3 bottom and broke out on Aug. 31. It then moved up roughly 20% but has in the last few days pulled back to the breakout point giving us a secondary chance for entry at the number 2 point near 109.22. Stops below the #1 point. This is an aggressive trade, not for weak hands.
We had a well formed 1-2-3 bottom form on ICXBTC on the daily chart over the last two weeks. We have now seen it break out above the number 2 point and are now long with stops below the number 1 point.