After last weeks impuls wave up price might retrace to the broken resistance ( support now).
i'm keeping an eye on the setup shown in the chart above, there are some confluences such as the support that's lining up nicely with the supportive trendline. when trading XRP, keep in mind that the price moves really fast so use risk management correctly
in the chart shown above we can see that gold has been losing it's bullish momentum and might retrace to certain levels mentioned on the chart.
please use the correct risk management when trading gold as this commodity moves fast.
GBP pairs are facing incredible volatility due to the Brexit deal or no deal. Yesterday we've seen this pair drop about 240 pips, today we're retesting the previous session highs. as of now, the price seems to reject the 1.322 zone. this could lead to a huge leg south. more info on the chart
If the price rejects the grey zone on the chart we could see a sharp drop to the downside, as of now we must await a descent sell signal and sit on our hands.
If price breaks through the grey zone we are in for another leg to the upside.