XRP / BitcoinLong
XRP Turning Mega Bullish
Updated
This is my first published idea so forgive me if overly simplistic.
Based on the Pivot Reversal Strategy alone, the Daily Chart gave me a buy signal 3 days ago. An Hourly BUY signal just came in which is confluent with the Ichimoku cloud and a breakout of the symmetrical triangle which has been forming for the past few days. Not pictured here, but also brought to my attention is the last stages of the classic Wyckoff accumulation phase, meaning a strong bull run is to be expected.
I am beginning to post my ideas simply to hold myself accountable for the trading decisions and provide a new pair of eyes for those who watch the charts.
I strongly believe in patterns and trading with good form based on those patterns. A trade failed with good form is better than a winning trade taken purely on emotion. Over time, those who trade with the best form come out on top!
Based on the Pivot Reversal Strategy alone, the Daily Chart gave me a buy signal 3 days ago. An Hourly BUY signal just came in which is confluent with the Ichimoku cloud and a breakout of the symmetrical triangle which has been forming for the past few days. Not pictured here, but also brought to my attention is the last stages of the classic Wyckoff accumulation phase, meaning a strong bull run is to be expected.
I am beginning to post my ideas simply to hold myself accountable for the trading decisions and provide a new pair of eyes for those who watch the charts.
I strongly believe in patterns and trading with good form based on those patterns. A trade failed with good form is better than a winning trade taken purely on emotion. Over time, those who trade with the best form come out on top!
Note
Looks like we moved sideways for the past day. Im expecting the jump to happen soon!
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