XRP is clearly bullish over the last week. The uptrend is likely to continue as all cryptocoins are rising and rising.
However, the difficult part is always to determine a great entry position as in this case of a short you wouldn't want to buy too low.
I will continue this idea, after an incredibly successful trade last time:
We can keep using the parallel channel to get a few more good trades in. After the confirmation on this resistance, we can now switch to a short position.
The simple "buy low, sell high" concept is deceivingly difficult. For a short, obviously we have to turn this around.
In this trade set-up I show that in an upwards trending parallel channel, a retracement to the support line can be a great place to buy.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
However, the difficult part is always to determine a great entry position as in this case of a short you wouldn't want to buy too low.
I will continue this idea, after an incredibly successful trade last time:
We can keep using the parallel channel to get a few more good trades in. After the confirmation on this resistance, we can now switch to a short position.
The simple "buy low, sell high" concept is deceivingly difficult. For a short, obviously we have to turn this around.
In this trade set-up I show that in an upwards trending parallel channel, a retracement to the support line can be a great place to buy.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Thảo luận về những biến động và nói cùng nhau về thị trường giao dịch ở cộng đồng Telegram này nhé!
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Thảo luận về những biến động và nói cùng nhau về thị trường giao dịch ở cộng đồng Telegram này nhé!
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.