EURSGD - SHORT - October 27, 2020 | daily 8ema gap

HerkieRTB31 days ago

EURSGD

SHORT

1 0

Daily 8EMA Gap

Good day. Possible gap close on the daily 8EMA. Just had a retest of the 200EMA on the 15MIN. Will wait for continuation to the downside. BC below the 8EMA on the 1H TF. Then we can take the trade down to the 8EMA on the daily. If you want you can baby sit the trade to the 50EMA on the daily. If it takes to long to have continuation to the downside and keeps retesting the 200 EMA on the 15 min. I might not enter this trade. I am looking for clear momentum to the downside. Thanks

ZARS5 hours ago

USDCHF

LONG

1 6

usdchf buy

We have a similar setup with USDCHF. these pair s about to test a strong support zone, forming an double bottom reversal as we expect it to play out.. wait for another strong rejection before entering long. trade safe

ForexBroRimsi5 hours ago

XRPUSD

LONG

2 1

Long in Cryptocurrency Mr.Ripple (XRPUSD)

Hi Lovely Traders! Here is my Ripple trade idea for today... Pros: + Regular Divergence seems to have been played out. + Ripple seems to have respected the S/D level around 0.45 level. Bounced up from that point. + Max Norbury is also suggesting a potential Buy Trade on Ripple, check his Idea as well! Based on Moving Averages. + Sentiment, everyone is discussing Cryptocurrency, and what I know for sure, is that Ripple has crossed many minds during it life and that together with Bitcoin being stuck between 1600-2000, might attract some new people to Ripple. Ripple is kind of still not marked as "you missed the train" as Bitcoin is. + Besides heavy buyers hitting and heavy sellers "previous buyers taking profit" it seems to have a small ongoing uptrend. Maybe it waking up again? xD Cons: - I am not a Crypto Expert, I do not know the correlations with crypto, between them and with other instruments. - Its extremely Volatile, huge losses could be a fact. - The Spread is really bad. Please check both bid/ask line before purchase. For example, if you buy at a bad moment, it could easily put you in -48usd loss without the Ripple barely moving...not so nice. Rather try to catch it with some momentum in your direction and you will overcome the gap between ask/bid level quickly! =) Good Luck, have fun, and Ripple with Caution!