abdullatrader
Long

Ripple - Falling Wedge

BITSTAMP:XRPUSD   Ripple / U.S. Dollar
Hi traders!
Here is a trading idea on Ripple. Please note that targets are ONLY valid if we get a breakout. Of course, if you want to increase your risk/reward ratio, you can enter now with a stop loss at $0.5

So here is an example of two trading strategies that could be used:

1. Wait for a breakout: reward 70% - risk 20%
2. Enter before a breakout: reward 130% - risk 30%


*This is not a trading signal


Regards,
Abdulla
Comment: Great gains on Ripple!
Comment:
Comment: Ripple $1
Comment: posting updates here
So its safe to buy now?
+1 Reply
ing_israel Daapstaaf
Reply
@AAlFadhala Hi abdullah!, trade active?? I'm to enter, you said after breking out 1$ but looks really overbought at 2 Hours chart, what shoould i do?
Reply
Hi, can this XRP move be similar to last January 17? Tks
Reply
Thanks for the analysis, XRP is making some positive moves today
Reply
Bull trap
+1 Reply
flyire mvc64200
@mvc64200, you think?
+1 Reply
mvc64200 flyire
@flyire, There isn't enough volume for a bull run
Reply
flyire mvc64200
@mvc64200, Even with new Asian Ripple markets emerging today?
I have my stops in place, just in case.
Reply
mvc64200 flyire
@flyire, Smart money knows we are going to have another fall soon, they're waiting for a cheaper bitcoin & ripple, ...
Reply
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