Buying the retest on the series of highs. We have clear impulsive candle close above the zone.
Going to short oil at that two factor confluence level.
I believe the break out is imminent. We have the exact similar triangle just like we in 2017 where we broke from to 3$, this time in 2021 we have the same triangle. How much can we run this time if it breaks? We are breaking in alt season. HODL guys!
As you can see in the past, correction began after a nice heiken ashi doji followed by a nice run with RSI bearish divergence. Same thing is repeating again. My short target would be 23K, middle line of Bollinger bands.
Price consolidated for a while and breakout to the wrong side.
Sell the Fake move after pin bar has been formed after Asian consolation!
XRP will be likely to finish its wave 5. But I have two targets for wave 5 that is it may end up hitting the end of the channel or half of the channel if it falls short. There are two scenerios that can happen. I am attaching two images please check below. Thank you lh4.googleusercontent.com lh5.googleusercontent.com
False move right in the new york session. TDI divergence.
False move set by market makers forming the 2nd leg of the M after a right range.
1) Tight asian range 2) W pattern on the mayo 3) Peak formation low ( W)
Shorting the pound cad after a small false move in the beginning of the london session. Market makers tried to hit the high thrice but not breaking the high yet.
After the accumulation phase in Asian session. Market broke through with aggressive candles to the south indicating that this short fake bear run will continue whether on the other hand we see a W shaped pattern in an up trend market. I am bullish atm.