With Ripple breaking Trendline Resistance and moving to positive territory, we are looking to enter Long on an anticipated Rally. Note, this is a countertrend trade and our stop loss, as always, is clearly defined
The Risk Reward is 2.5:1
The target is never important. Once we move into profit we trail our stop to lock in profit and mitigate our risk to secure a winning trade.
The Risk Reward is 2.5:1
The target is never important. Once we move into profit we trail our stop to lock in profit and mitigate our risk to secure a winning trade.