Flip
Squeezed OUT - XRP FLIP iminnent!XMR has enjoyed a nice ascent to glory the last couple days, and the time of reckoning is here. The downward wedge is pretty much always indicative of a price decline. I am going SHORT on XMR here.
Entered position at 1420.
Target: 1180 - 1230
Stop: 1480
Comment and let me know whether you agree or think I am going to lose all of my money.
Dis gun b gud.
SPX Monthly Pivot Resistance?For the SPX to go higher imo, it has to clearly trade above the monthly pivot currently at 1985 SPX500 CFD. At the moment if resistance holds with observed selling, am looking for possible more downside price action. If price can trade above 1985, price could try to trade back up to highs? To be honest, I have no clue where the SPX is heading!
DOW Traded Support! Not a bull or a bear, more of a flip flopper and trade what price action is showing me. The DOW looks to have traded support on October 2nd. As long as October 2nd support is not broken, I have a bias to buy the pullbacks on signs of support. However, if the DOW makes a new LH and breaks below October 2nd low making a LL, I would flip to a seller. Always use a stop that shows when you are wrong, not max pain!