xmrusd long idea. repost from delete

20 Jan 2018

Since we are in a bull market . we will look for longs.
also remember to always watch BTCUSD

Sometimes XMRUSD WILL MOVE INVERSE TO BTCUSD

BUT AS WE CAN SEE HERE. THAT IS NOT THE CASE AT THE MOMENT



THEY ARE BOTH UP OVER 89% THE PAST 30 DAYS. THIS FIGHT IS AGAINST THE DOLLAR

USDJPY DXY

that is the inverse correlation

I NEVER HEAR OR SEE ANYONE SAY THAT THOUGH. ANYWHO
YOU HAVE DAILY MACD SHOWING SIGNS OF REVERSAL



WAIT FOR 30 MIN AND 4HR TIME FRAMES TO LINE UP...THIS IS A GOOD RULE OF THUMB FOR ANY FINANCIAL MARKET


4HR.



4HR TIMEFRAME
RSI SHOWING IMPULSE
ELLIOT WAVE REMEMBER ALWAYS COUNT YOUR WAVES OR WHATEVER TECHNICAL ANALYSIS YOU DO ON YOUR INDICATORS AS WELL


GO LONG AFTER YOU CAN LOGICALLYT CONFIRM WITHIN YOURSELF THAT YOU ARE SURE THAT PRICE IS IN AN UPTREND
HOW DO YOU KNOW WHEN PRICE IS IN AN UPTREND? WHEN IT BREAKS THE LATEST HIGH OF YOUR TIMEFRAME

FOR EXAMPLE. AFTER PRICE
BROKE YELLOW
AREA YOU CAN SEE
IT WENT UP ANOTHER
7% WHICH IS ALOT
ESPECIALLY
IF YOURE IN A LEVERAGED POSITION



ANYWHO HAPPY TRADING

20 Jan 2018

Trading ditutup: target tercapai

all 3 targets already hit

as this is an idea that was posted last night