Hello everyone, if you like the idea, do not forget to support with a like and follow.
XRP is around a daily support zone in blue so we will be looking for buy setups.
on H4: XRP formed a reversal pattern but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
Trigger => Waiting for a momentum candle close above the gray area to buy.
Meanwhile, until the buy is activated, XRP would be overall bearish can still trade lower and even break below the blue support.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XRP is around a daily support zone in blue so we will be looking for buy setups.
on H4: XRP formed a reversal pattern but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
Trigger => Waiting for a momentum candle close above the gray area to buy.
Meanwhile, until the buy is activated, XRP would be overall bearish can still trade lower and even break below the blue support.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal