Possible sell opportunity, minimal stop loss and maximum profits.
XRP has completed it's correction on the M30 and now it's about to take off! Jump on board and let's go!!!
What do you see when you look at a chart?? Whenever the market is in consolidation there's only one thing that comes to my mind and that's Harmonic/Advanced patterns and this is just a perfect example so let's show this chart some love. I wanna see lots of likes, shares and comments :)
Price has been rejected at a major level of support. I expect a bounce back. Share you thoughts and follow for ideas like this
There's nothing too difficult to understand about this, the market has completed a straightforward Gartley pattern and now we are starting to roll over so let's see how far down we can go
I called the breakout yesterday like a magician pulling a rabbit out of a hat and the market is now slowly retracing back to previous level support so just be patient and wait for a buy signal in this zone!
We have had a one hour consolidation and the market has completed all the technical requirements and we are breaking out now! Enjoy the ride
This is what I call a textbook price action, we are going up from here whether you like it or not!
A very nice set up here, we are in a rising channel consolidation and these types of patterns usually break to the downside and we have a bearish pattern formation!
Okay so we have a bullish Gartley on GBPJPY that has just completed, so let's see how this one plays out
This one is ready to go now so don't miss it! It will be a good one
SO I've been watching XRP really closely and on my last XRP post I predicted that we will see this short term bearishness and now we've come the reversal level I've identified and guess what? It's showtime!!!!!
Somethings don't need explanation and this is one them, A bullish advanced pattern in a bullish market completing near a previous structure!!! This is what dreams are made of
Okay so we have a head and shoulders pattern that the market is likely to respect but that still wont change the bullish outlook on this pair so if you are long you have nothing to worry about, just wait for the short term short to play out and then you can start riding the bull again!!!
So XRP has done something I was expecting it to do which is to pullback a little bit after the kind of bullish move it made over the whole of last 2 weeks but this pullback is only temporary and now I have a reason to believe this bat pattern will serve as the fuel we need to start going up again!!
So looking at bitcoin on a weekly timeframe , there's no doubt that we are bullish, however, there will be a hurdle in the coming weeks once we approach 10500. Either we get a corrective pattern which will set us on the way to 20000 and above or we get an unlikely sell off back down into 6500 before we embank on a long term bullish trend. Anyway, when that time...
This market is gradually turning bullish on the weekly chart and I expect bullish trend to pick up pace very soon and I think this might be the level where the market finally bounces back after a day and a half of consolidation so let's go guys.