finally after the 15th of april high was hit now retraced to the 61.8 fib could touch down to the 71.00 fib but looking to a new high to TP1 -27.00 fib extension this is a risky trade as we do look in a strong down trade but eurojpy usually respects the fibonacci
After 5 days of consolidation above the weekly resistance now support . also a fake breakout yesterday and MA's still in the biased direction in the weekly daily and 4 hour. i favour a long position for 118 pips.
AFTER WEEKS OF LOWER LOWS BEING CREATED AND 68.1% FIB BEING HIT AND NO CANDLES BEING ABLE TO BREAK ABOVE JUST WAITING FOR THIS TREND LINE TO BE BROKEN FOR CONFIRMATION TO ENTER SHORT TO CREATE A NEW LOWER LOW....!!!!!
so its been a great couple of days for xrp. xrp finally breaking the downside trend line and actually closing on an upwards trends followed by support. so 1 more day till the sbi get there logging details and 3 days till fully live . (my first prediction after study the crypto for few months)