zerocashcool

XRPUSD - BUY SIGNALS (credit Dmitriy Lavrov)

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BITSTAMP:XRPUSD   Ripple
XRPUSD:
- Nison Change of Polarity (COP) strategy target is 0.256.
- Nison Trailing Stop strategy target is dead cross of MA 3/12.
- Nison 'Trading the 9' (MA 9/20/50) strategy entry is bullish reversal onto MA 9 support.
- Tom DeMark Sequential strategy is entry on 2>1.
Kommentera:
According to Nison PB&J, there is a short opportunity on XRPUSD. TD Sequential buy setup on this strong up move happened on an incomplete 9. The scenario is that inexperienced traders were trapped into bad long positions.
Kommentera:
Kommentera:
H1 TD Sequential buy setup 2>1. Fine time to get in.
Kommentera:
I think we're in Wyckoff Phase D now. Target sell at Fomo buyers above the top of the range. > 0.2245 - 0.2250
Kommentera:
Anticipate high volume, large white candles within the next 2 hours. Prepare to sell on bearish candlestick signals (Doji, Shooting Star, Dark Cloud Cover) or tall upper shadows. If volume is huge and the candle is small, sell at resistance.

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