Good Afternoon all…Here is a potential quick play…
XRP is showing some strength at the 50 ema. If this is confirmed we should see the recovery of the violet vector candle…
By principle, the violet vector may have been the zone wherer the market makers were favoring lower prices to get more longs filled however didnt want to stir up a sell to release liquidity to the downside…
On EXO charts, zoom in and pay close attention to the Blue circles around the delta..
Notice how the market maker has been going long with the increase in Delta to the downside and is now trying to make a return back up…
Pay close attention to the green delta coming in after the deltas were not showing much activity at the lows…
Let’s see how this one plays out…
Remember, this is not for you to take a trade on, its to help you understand perspective, it is designed to help you be critical with your thinking and wait to see how it plays out because you will most definitely see this play happen over and over again…
Mad Love Guys
T
