Current plans:
Scenario 1: Long (blue arrow)
1. Falling under 50% of the Range
2. Reclaiming the 50% level
3. Buy on a retest of it.
Target: Top of the range
Scenario 2. Short (yellow arrow)
1. Price falling under 50% level
2. Generating Lower Swing
3. Rebuy on the level after breakdown
Target: Bottom of the range
I posted the last days two other ideas to XRP dont confuse them and watch timeframes and scenarios.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading!
trader_se
Scenario 1: Long (blue arrow)
1. Falling under 50% of the Range
2. Reclaiming the 50% level
3. Buy on a retest of it.
Target: Top of the range
Scenario 2. Short (yellow arrow)
1. Price falling under 50% level
2. Generating Lower Swing
3. Rebuy on the level after breakdown
Target: Bottom of the range
I posted the last days two other ideas to XRP dont confuse them and watch timeframes and scenarios.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading!
trader_se
Trade active
Comment:
Lets see if it can reclaim the 0.5 Fib level - if not prob have to close the position and the second scenario could come into play.
Trade closed: stop reached
Comment:
Long setup failed. Lets see if we get the Short
Interesting reaction of the 50% level