Expecting this pair to create a double top, then give me an entry Reason to sell. (Engulfing candle, indecision, shooting star, morning star, harami).
This trade is highly probable considering the last low created, and the new high in progress.
potential scenario from XRP, HIGH RISK - all depends on the fundamentals around who wins the SEC court case Ripple (XRP) are dealing with at present.
looking to retrace the buy i caught before the infamous "Pump XRP Telegram Group" incident. classic example of buy the rumour, sell the news.
- i wonder if the current structure could be exactly the same, if XRP...
1) Making higher highs and lows on higher timeframes.
2) Trading above 200 ema on daily and weekly.
3) Trading above the ichimoku cloud on daily and weekly.
4) Our entry above recent swing high where sl orders of bears are likely to be accumulated.
5) Zone to Zone trend riding.
Kindly trade at your own risk
Good Luck ✌️
due to a a weakening dollar and recession across the world i expect most people to hedge on fold especially since warrren buffet has invest 543million dollars in to a gold mining company. gold is expected to rise as per the economic cycle.
wair for retracement to 1900 area before you buy if you want a tight stop loss.