Watch the price break the support level, and look for a buy entry. FX:EURGBP
This is a set up I saw on the 1 hour time frame and after some lower timeframe analysis I realized this is an ideal entry on GJ. After missed expectations on Japanese unemployment numbers, I was expecting a retrace back above 153.550, this was not the case. GBPJPY had a sharp selloff and has stair-stepped back into an area I consider safe for a long. Something...
The gap up on Sunday trapped a bunch of sellers, who would have a strong desire to exit when price comes back to them.
A large volume of sellers are trapped at July 2020 lows - who will have a strong desire to exit when price comes back to them - giving us a long entry.
GU is testing critical support and that makes look to enter long with a tight stop. However , if we break below support I could see a nice entry on a sell.
Good time to buy Ripple? Approaching Halving we almost all expect a nice pump and dump (of some sort)... If we can hold above 2246, I'd personally say it's a fair bet to get in with some more Ripple. Bitcoin has been rather bullish since the dump to 4k along with nearly the entire Stock Market. My outlook on the correlation between XRP and Bitcoin is rather...
We are in the final phases of wyckoff, we broke above, we are currently sitting on an order block and at the top of the wyckoff levels, I see gold reaching to clear liquidity, i even see an order block that could be 200+ pips, the move is looking sexy, i see some consolidation, I'm waiting for the false break to enter, my trade enter spot is placed below the...