XRP update | 1hr TA

78
Orange = 4hr
Yellow = 1hr

have a good day. Eat as much C0tt0nC4ndyTA as you can.

I do the Procedural Analysis on Higher TimeFrames looking for legacy, global and local peaks and valleys that have influenced structure.
I continue Procedural Analysis on Lower timeframes 1hr but start to look closer to price. What immediate left ranges and levels are influencing price?
are those levels high or low on the polarity scale? Asses the Risk Analysis and set a timebomb for the level if you want to take a trade.

once a trade is set. I like the 1hr TF P.A. & trading the 5min. Once the trade is set, the lowest timeframes 1min - 3min I use for Comparative Analysis against my timebombs. either the time expires and I exit the trade or a shield and level / range is formed and I can move up timeframes to 5 & 15min.

Anyways, These 1hr / 15min TA posts are for fun, I use the 5min with these levels personally and those levels are Blue.

5min = blue
3min = light pink
1min = white

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.