crude oil is bullish for this past whole week hitting 58$ a barrel and meeting the weekly resistance from November 2020 the price been bullish for weeks now my insight is that oil is taking a breather soon making the price drop back to 52$ a barrel meeting with the monthly resistance from October/ November.
As I see the market that previously hit the 24 pesos well it did drop after shortly coming down on retesting key price levels once again consolidating at 23.22 I am positive on this pair that will come back to 24 and consolidate and drop shortly after.
Ive been looking at this pair for a couple of days for a bullish reversal wich it did manage to happen.
As you can in my analysis where the market is heading in my view check it out.
As I explain in my view where XRP is heading check it out
With the analisys i did i noticed a couple of recognizable patterns that where setting up perfect check it out .
I Am thinking and waiting passionately on how these trades are going to go
Before the week started it started to head the way i thought it would and bam it did creating multiple scalp entries.