ASX1X

XRP Short to 0.48 on Daily timeframe

Short
BINANCE:XRPUSDT   XRP / TetherUS
Nice push up to high 0.50's now it is time for a retest of high 0.40's

Gold Fish strategy is continuing to provide amazing trades in both Long and Shorts.

Win count is now at 37 W - 0 L for 2023

I finished distributing in the mid 50's range and jumped into short at the "trapping" point.

The gold fish strategy is based largely on Wickoff charting "Up-trends, distributions, Down trends, Accumulations.

With this background of Wyckoff charting a large range of Moving averages is applied to find pivots or as I call them "Traps".

A trap is a point where the trend has changed directions and the entry point is now proving support or resistance depending on the direction of choice. Eg. Shorts after distribution and Longs after accumulations.





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.