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DACapitalTrading
Jun 22, 2018 4:02 PM

XRPUSD - SETUP - WEEKLY CONTINUATION - 22 JUNE Short

XRP / U.S. dollarBitstamp

Description

WELCOME TO DACAPITAL TRADING!!


EURUSD just started moving as expected, quick Timeframe breakdown for free and everybody.


4 HOUR
Strong bearish Impulse after taking out 0.55 Key Level and break below previous week lows

DAILY
Over 7% drop Today indicating strong bearish pressure

WEEKLY
Overall Bearish but slowing down

LEVELS
SHORT @ 0.49440
SL @ 0.51369
TP1 @ 0.47494
TP2 @ 0.46538
TP3 @ 0.45602
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!


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DACAPITAL TRADING

Trade active

Trade closed: target reached

TP1 Hit! +3.9% Instantly!
Comments
SwissPips
Good call!
DACapitalTrading
@SwissPips, You Welcome!
spindriftur
very good analysis
DACapitalTrading
@raphaelrehman, Thanks!
MercuryXBT
Nice Levels
DACapitalTrading
@MercuryXBT, Thanks
ImTheCryptoKid
Good Call. It will be nice when XRP decouples itself away from BTC. XRP has so much more potential than BTC. #xrpthestandard
DACapitalTrading
@AtImTheCryptoKid, XRP is love
CryptoBigBoss01
Like clockwork.What method did you use to devise your TP levels?
DACapitalTrading
@CryptoBigBoss01, Psychological Longterm money management depending on price action
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