Ichimoku failes but trade can be activated soon.
Updated
My previous idea was not activated because ripple broke ichimoku cloud on a hourly chart. Daily EMA200 was strong support, it was tested again and it was broken again!
I am short to 0.40 but cannot advise for a good stop level. For protection let's wait for a daily candle close bellow EMA200.
Let's fun begin!
I am short to 0.40 but cannot advise for a good stop level. For protection let's wait for a daily candle close bellow EMA200.
Let's fun begin!
Note
Bad news for ripple - it can really close bellow:Trade active
Trade was activated!Let's fun begin!
Note
I have mistaken the position of idea. It is short, not long!Trade active
It is excellent time to add more for shorting! Keep in mind that broken EMA200 will throw us lower.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.