MatrixManny

XRPUSD LONG position Counter trend Trade

Long
we have a trend line deviation here, where we are expecting a market reversal in confluence with market volume and current strength.

So it does look like a short market reversal is taking place this could be a reversal before it continues onwards in a downward trend/direction before ultimately starting to shoot up again.

Fibs and trend and market structure are used in this analysis
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.