I think, XRP is trying to show a reversal, but only after testing the curve like support once more. Hence...
I will:
Scalp ( XRPUSD, long)
Enter 0.2350-0.2355
Exit1: 0.2376
Exit2: 0.2392
Exit3: 0.2404
General rules in my trades (scalping/ intraday trading):
-Exit1 and Exit2 is the exits I use generally, Exit3 is just for risk lovers.
-If not otherwise specified, I would recommend a stoploss at the price of around 2x change at the unwanted direction. Although, I must say that the stoplosses are very individual and you need to decide it for yourself depending on how much you cope with "pain and pleasure" in trading.
- I would not recommend a high leverage trading.
- SCALPING IS A HIGHLY VOLATILE/DYNAMIC GAME, because of that please follow my updates, that I try to publish when necessary.
I will:
Scalp ( XRPUSD, long)
Enter 0.2350-0.2355
Exit1: 0.2376
Exit2: 0.2392
Exit3: 0.2404
General rules in my trades (scalping/ intraday trading):
-Exit1 and Exit2 is the exits I use generally, Exit3 is just for risk lovers.
-If not otherwise specified, I would recommend a stoploss at the price of around 2x change at the unwanted direction. Although, I must say that the stoplosses are very individual and you need to decide it for yourself depending on how much you cope with "pain and pleasure" in trading.
- I would not recommend a high leverage trading.
- SCALPING IS A HIGHLY VOLATILE/DYNAMIC GAME, because of that please follow my updates, that I try to publish when necessary.
Trade closed manually:
As expected, it went up but unfortunately before touching the entrance level