XRP - time to take profits ???Time to take profits at 1 USD after 70% run in 7 days !!
Certainly not !
This bull run for XRP hasn't even started yet !
The bullish sentiment is still flat like an electrocardiogram of a dead corpse !!
XRP is arising like new creature exactly at Eastern Time !!
This is an ominous sign !!
RSI is nowhere nere overbought levels ! Time to HODL still.
I am back from Lenten Period and actually love what I am seeing !!
Don't you ??
Bullishsentiment
Dax daily: 13 Jul 2020Appearances are deceptive. Despite Dax opening with a descending gap and back in the consolidation range on Friday morning, it turned out that bearish impulse was a fake one. Contrary, bullish traders took advantage of the lower prices and dominated the entire session. Not only the price corrected the overnight sell-off and closed the gap, but the ascending slope was so prominent that we had no chance to re-enter on a pullback and Dax grew continuously in a clear bullish direction.
Important zones
Resistance: 12 882
Support: 12 592
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
NIL
Today's session hypothesis
Dax feels a positive sentiment and the price opened with a big ascending gap over the weekend, at 12 835. The first morning impulses almost retested the resistance level at 12 882. Thursday's VPOC is printed at 12 635 and there is a support of 12 592 in its close vicinity, giving the area the needed importance. We incline to retest at least one of these levels and then aim the resistance at 12 882. There are no macroeconomic events scheduled for the day and we'll monitor the behaviour of the US Indices and the correlation of Dax to their price development.
GBPUSD: LONG TRADE IDEA (QUICK 80 PIPS REWARD) GBPUSD is looking bullish as buyers are strongly holding the demand zone level 1.28750, Hopefully bullish sentiment continues with this momentum and drive price upwards towards 1.29750(TP level).
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
TLX Long entry. Telix PharmaceuticalsTelix pharmaceuticals is revolutionizing the way the world detects and treats cancer, it's ahead of schedule and is kicking goals left right and centre.
very exciting prospects for this one, was able to cover massive bullish ground pre-2019 during the XJO, XAO Australian All Ordinaries (and world wide indices) bearish turn.
Now sitting in what looks like the final stages of WAVE 2 preparing for a (in my opinion) big bullish 3rd wave.
Target Entry: 0.65 - 0.63
Target Exits: $1.35, $1.80, $2.85
*note this is advice only and you should do you own fundamentals and technicals before entering a trade.
ATTACHED is a link to a very interesting release from TELIX pharmaceuticals
www.asx.com.au