Midas_MexC

Midas_MexC

This is a breakdown of watching out for breakouts, trends, stop loss hunts, etc. I have to publish on a 15 minute timeframe, and when I’m doing any S&R levels it helps to use line charts not candles to cleanup the noise and see what is really going on. Look through it in a line chart, then switch to candle or HA candles which is what I use to see that red isn’t always bad.

Midas_MexC

Breakdown of a breakout and the market movements. TradingView think’s that’s not enough words so I’m typing this out.

Midas_MexC Updated 

An ascending triangle is a continuation pattern so although we may see a break above indicating a move up, we will more than likely see a break below support indicating a move further down

Midas_MexC

51 day descending triangle could possibly bring us the final move down into low 20 cents before the bull run

Midas_MexC

Looks like XRP formed a perfect double bottom. Enter into trade after confirmation for less risk

Midas_MexC

If there is a breakout below, we could see a significant drop