This is my first trade of the 50 trades journal I began in previous week. In case you you didn't get in my post the link is below (EURUSD).
Price bounced from a key support level at the 0.73400 and broke above the sliding parallel of the downsloping median line acting as resistance. Since breaking above it's been in a correction pulling back to the broken sliding parallel. A bullish divergence in the MACD confirms an uptrend.
I think this is a buy now and hold it for 2-10 years, or until it hit again .03 and .04 and then wait to get again from .02 :-)
Fxprotrader
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@rusty_hawk, Great comment mate..! I just posted a short term setup here justto highlight my median line analysis.But yeah. Bying Ripple with no stop is the way to go..! Thanks for sharing :)
rusty_hawk
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@Fxprotrader, Hehe , thank you but I don't deserved praise for my comment :).You also deserved it for this great charts you are sharing ;)
rusty_hawk
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@rusty_hawk, Btw please keep posting about XRP, if you can .