GM! Getting close to some serious moves in XRP. predicting take off begining of june based of this wycoff acumilation.Watching Mike Maloney latest video. rather fitting background. #aligment
Using the three drives pattern, we can consider that the leg C has been reached (0.618 fib ratio of the entire pattern). This means that buyers are exhausted, reaching a great resistance zone for confluence on the D1. Here we observe RSI bearish divergences on H4 and H1, with a double top pattern. Wait for a big candle close below the neckline for more...
In this short video, we explain a trade idea on NZDUSD. On higher time frames, it looks like an AB=CD is completing the CD leg, and it's in confluence with a round number. In this idea, we are looking to ride the rest of the CD leg to point D.
Playing around with some technical analysis tonight.. I found a found a pretty decent buy zone for FB. In the video I explain how I identified it.. I also go into a little bit of detail about how I chose the the option contract I'd like to play. I hope you enjoy! Sorry if it's a bit awkward, it's my first video upload.. More to come, I hope! Have a good one,...