Advance trading set up:
Sellers are now under the previous Lower Low. Now it is time to go even lower, where the First target shoudl be.
We are in sellers trending, under the channel, unders previous Lower Low, waiting for sellers retest from support.
The only problem could be CAD is not showing any power (yet)
This trading set up is build only on advanced...
Buyers react very strong based on last hourly swings.
Market is still in bearish zone but buyers defense their support very well. They keep and keep defensing each support higher. So the price might continue higher and stop at levels I marked.
If Buyers break throug then, the important data is how hard.
Stay tuned with ongoing and enjoy watching
Ripple tried its bull run twice time. Theirs few Higher High attempts failed, so we need last Sellers on last retracement, get them tired and then buyers will get open spot.
Ripple is late currency and is waiting for big adoption tech, what will later bring huge profits. It's not easy just decide we're gonna cross board transaction... I believe, before real bull...
We need Sellers to Buy stronger. Next bitcoin short term might be stresfull for Buyers. Short to 7000 - 7200k can take time to recover. In first example buyers might hold this level longer time till next buy. In second example, buyers might defense very strong and react faster. In third example, which is same possible, buyers don't show enough power yet for...
Ripple is third most important crypto currency based on market capitalization. Many believes it will go up soon and I agree. But if you look at volume and some key support levels XRP/BTC pair didn't touch, it might go first down to support levels between 4000 and 3000 satoshi.
About new: Ripple cryptocurrency delay exchange launch for next month (july). There can...
Seems Sellers have to sign the trend first, before buyers kick in. The thing is that we are in buyers trend, but my all time I'm more focus on psychology from both parties. I make my decision for quick and very good profitable trades, but for even more I have to see what's going on with mentality on market, then we can hit even more profit or get in with even more...
Eur gbp shows buyers are not prepared for breaking through 0.8772 yet
As you see I like to trade my signals on 1 SL : 2 Target. This is one of the best strategies, easy to use and I have my risk in control all the time.
Everyone can use my strategie, carefull traders, traders by using risk management 1%, and ''greedy traders (lol)''.
Buyers feel pretty strong I think so. Here is examples from buyers push what is are we gonna to do. But if seller makes turning point by momentum sign, we can change the way.
For more details follow me for next analysis. I have my trade set by I like to share here only good explanation how sellers are fading and buyers found their real spot on sellers stuck...
Here is your entering point and set trade position. I'm looking this trade example for 1h chart for a first target.
Our second target can be on the next bottom line (supportical resistance). Don't take second target for sure, because it depends on behaviour bias.
I will just chill untill we reached first target and then take make a new analysis for myself what...
I see this trade in Amateurs eyes for very risky short position. If you would like to get in, it's not smart because on the other side, we have buyers who are waiting for small sellers.
At this moment every amateur looks at M15 and think; ''Oh,this is range and we broke through. Now I can get into and earn some money''. It can go to 1:1 (sl/profit) from entry...
I'm looking this pair for long position on higher timeframe, but for now we have to challenge some supports and get approval from buyers momentum.
From this entry you can take 1:1 for proving your risk and safety. I am trading smart and not without control.
Follow me if you wanna get more info.
Next entering position could be on supports levels for long.