i have no idea where this is going to go. causing me a lot of stress.
it needs to retrace - but does it? it already hit that previous high of 240-250 , so its retraced to there,
but it has just left this single green candle down to 202 and then 170 even. i cant seem to figure this out.
in my heart it should go down and retrace properly , but meh. it could go...
Hi, the price is near the strong level which is a good place, we need to wait and see what is the reaction of price
personally, I guess more power of buyers nearly to finished and we should have a fell down but be patient and we will see the good signal whatever to buy or sell
Good luck :)
So XRP is putting in a decent recovery from the Great Crypto Crash of Jan 2018. Based on having broken out of the downtrend marked by the channel, as well as seeing the drop since the ATH as a three wave correction with wave C completing at the 0.786 extension level (see linked idea, in comments) - we can have a level of confidence that we have exited the...
This is a follow on from a previous idea here:https://uk.tradingview.com/chart/EURUSD/0pKGEpaX-Bullish-EURUSD-daily-chart-with-Gann-squares-finding-entries/ . The price is nearing support areas so I have now identifies entry points. I have outlined two profit taking opportunities. outlined on the chart.
The resistance is from the previous lows and Fibonacci...
With price respecting the Gann arc, I am looking for buying opportunities at the support areas No.1 and No.2. These are also coincide with recent support and resistance areas. I have not placed definitive orders yet as I am watching price action closer to the support areas. I will update as the price action moves into closer positioning.