Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈XRP has been overall bullish trading within the rising wedge pattern marked in blue, and it is currently retesting the lower bound of the wedge.
Moreover, it is retesting a strong demand zone marked in orange.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the orange demand zone and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #XRP retests the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
📈XRP has been overall bullish trading within the rising wedge pattern marked in blue, and it is currently retesting the lower bound of the wedge.
Moreover, it is retesting a strong demand zone marked in orange.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the orange demand zone and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #XRP retests the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.