XRP Bullish vs Bearish Sernario

1 cze 2018

Technical analysis isn't about saying "this is exactly what's going to happen" . It's about analyzing the data we have in front of us and drawing possible cases. In my opinion it's better to prepare for both the bullish and bearish scenario. If you're always bullish or always bearish, you may miss opportunities in the market because you aren't prepared. TA is best when you wait for confirmation. If we break above resistance then the bias is bullish and vice versa. Trade with the market not against it. Some people are always calling for the moon and ignore the bearish scenario. Don't be one of those people. Prepare for both so you know what to do depending on price action. In this situation I am in favor of the bullish scenario. We will see how this plays out. Wait for confirmation before entering a trade. Great risk to reward in both scenarios.

2 cze 2018

Uwaga

Currently being rejected by 200 ema. Testing resistance on RSI

2 cze 2018

Uwaga

Retest previous RSI resistance?

3 cze 2018

Uwaga

Up 4.5% so far. RSI resistance level

3 cze 2018

Uwaga

Boom, do you guys see how the RSI was rejected by the resistance zone?

4 cze 2018

Uwaga

BIG spike. If you took the call you should be up at least 8%

5 cze 2018

Uwaga

Watch out for this resistance on the RSI

8 cze 2018

Zlecenie zamknięto ręcznie

Officially closing the trade. 4.73% profit. 16:25 (UTC) June 8th 2018