It's been a while since we looked at this chart.
🌍SeekingPips🌎 View remains the same and so we are strictly looking for strategic LONG entry points in
TIME & PRICE.👌
Yes it's a WEEKLY chart and I understand that many of the trigger happy TRADERS or in some cases GAMBLERS can't stand to look at anything longer than a 30 minute chart BUT really sometimes you really just have to STEP RIGHT BACK to see the BIGGER PICTURE👍
✅️This week's candle CLOSE really has the potential to setup the next few weeks for easy MULTIDAY TRENDING MOVE TRADE SETUPS 👍
ℹ️ Note the price location on what we viewed as a HTF FLAG MANY WEEKS AGO.
Yes it was breached both sides but 🌎SeekingPips🌍 doesn't trade the patterns themselves but the HUMAN PSYCHOLOGY AROUND THESE PATTERNS.🤔
ℹ️ Note where most of the volume has been trading and also note the moves around the extreems of the dead patteren too.💡
In an even higher TIMEFRAME THE FLAG would still be valid and forming the flag itself too.
📊[b]CHECKOUT the MONTHLY chart for the example.📉
Anyway we will see what the next 48 hours🕦 hold but no doubt this one is on our RADAR this week.
✴️ 2.048 to hold otherwise a potential for current low of this year to be tested.
✴️ Alternatively if support starts to form on the 240min chart at current levels last weeks high could expected to be tested
✴️ if so Xrp could easily give a multiday upside trending move.
Now like a NINJA we wait and stalk...
As always ladies and gentlemen whilst Seeking Pips 🌍SeekingPips🌎 says
"NO TRIGGER NO TRADE"
& "STICK TO YOUR PLAN"✅️
👍 Have a GREAT WEEK and we will see you soon with an UPDATE...
