XRP Anticipated Trendline Retest Complete - Long Position Active
Trendline was met within 6 hours of posting the setup this morning.
Price successfully hit the trendline with absolute precision and reversed. As stated in the prior idea, my long position was entered with a 30pip stop targeting the $0.3400 region.
Hopefully, if you were patient you managed to catch the move as well!
Price is currently up around 60 pips and holding off the $0.3300 resistance well for now, allowing me to put my stop at breakeven for a risk free trade. As per with XRP, a correction is very likely hence the stop loss movement.
Should we retest the trendline I will double up on my position.
All we need now is a clean break of $0.3300 and target should be met with relative ease.
Great day on the crypto side of trading!
Price successfully hit the trendline with absolute precision and reversed. As stated in the prior idea, my long position was entered with a 30pip stop targeting the $0.3400 region.
Hopefully, if you were patient you managed to catch the move as well!
Price is currently up around 60 pips and holding off the $0.3300 resistance well for now, allowing me to put my stop at breakeven for a risk free trade. As per with XRP, a correction is very likely hence the stop loss movement.
Should we retest the trendline I will double up on my position.
All we need now is a clean break of $0.3300 and target should be met with relative ease.
Great day on the crypto side of trading!
Trade closed: target reached:
Closed 80% of the trade with a very tight stop loss.
Great result! Letting trade run risk free now :)
Great result! Letting trade run risk free now :)
Trade closed: target reached