BUY signal triggered on Sparkster Backtester for XRPUSD at 12:00 UTC at $0.1763
Strategy is based on Parabolic SAR and Smoother MA’s.
Ichimoku also shows bright future turning up on both sides of the cloud.
MACD is also moving above 0 level on histogram and positive cross over on the MACD line.
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Price is also finding support above the 50 MA
Order avbruten
Due to price entering cloud we are closing out this trade for a fractional loss. Cloud future and kijun lines are still pointing up. We'll be watching for price to break above cloud to begin a new rally.
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Re-entry would have been on the long green that somehow managed to get back above cloud. Original target back in play (red resistance level). Cloud future is turned up so momentum is looking good.
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