EURNZD - SHORT - October 29, 2020 | sniper trend continuation

jackaspergers28 days ago

EURNZD

SHORT

0 1

Sniper Trend Continuation

Hello, We have recently had a strong rejection of the recently broken ascending channel. On the hour TF we have just had a nice 8ema pull back and i believe the trend will continue all the way down to 1.75377 (Previous lows) Nice trade RR 3.92 possibly more depend with the sniper indicators come on side. Please let me know your thoughts!

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!