zahood97

XRP ADVANCED PATTERN?

POLONIEX:XRPUSDT   Ripple / Tether USD
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Sitting on the .886 of XA
Thanks for your contribution. As a relatively new trader I greatly appreciate those with more experience sharing chats and opinions. Where I run into problems is that I don't know what the chat above is telling me. Is that an indicator of going down or up or ????? and what is XA and how does it correspondent to XRP?
Thanks for you help
M
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zahood97 msnelling
@msnelling, look up harmonic patterns Scott Carney came up with them. This is a bullish bat.
XA is an impulse move. Do not trade based on what you see or read, especially when you don't even know what the pattern itself is
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msnelling zahood97
@zahood97, Thank your for your explanation. There are a few patterns and indicators I use but as with anything the more I know the better I am prepared to make logical vs emotional trades. I am always interested in learning. TY for taking the time to explain and post your charts.
Mike
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To the moon?
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