XRP SET FOR ANOTHER BULL RUN!!

23 oct. 2018

I SEE A BULLISH PENNANT ON A DAILY XRP CHART. A BULLISH PENNANT SHOULD TAKE NO MORE THAN 3-4 WEEKS TO FORM. THE MOVE AFTER THE PENNANT IS COMPLETED SHOULD DUPLICATE THE SIZE OF THE MOVE PRECEDING IT (MURPHY, P 143). VOLUME SHOULD ALSO BE LIGHT DURING ITS FORMATION. PRICE IS SUPPORTED WELL ABOVE 50MA WITH 200 MA ACTING AS A SHORT TERM RESISTANCE.

THIS IS JUST AN IDEA PLEASE DO YOUR OWN RESEARCH BEFORE GOING LONG OR SHORT.

HAPPY TRADING

23 oct. 2018

Transaction en cours

LIKE I SAID EARLIER. ITS HAPPENING.

23 oct. 2018

Transaction en cours

I WILL WAIT TO ADD MORE TO THE LONG POSITION ALONG WITH A TRAILING STOP AT THE CORRECTION. LETS SEE IF IT DIPS TO THE PREVIOUS TRENDLINE AND USE IT AS A SUPPORT.