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tradeformula
Apr 27, 2020 4:39 PM

XRP's bull/bear transition Pt. 55 Long

XRP / U.S. dollarBitstamp

Description

Taking a look at XRP and seeing a potential opportunity for a small risk entry on a small time frame. Will watch this one play out in the comments. By the end of the video we're already just about ready to apply a breakeven stop because of the nature of the entry.

Thanks for watching, let me know your thoughts

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Saw a sell off when hitting the pink line as predicted

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Nice move last night, looking for next low to put in stop

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We have an oversold on the 15m with a nice response, setting my stop here

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Trade is progressing very well, currently at 1/33 risk to reward, fantastic. Expecting bullish market until probably around .30 at a minimum. Put in new stop, with previous one for reference:

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Raised the stop, currently at 45/1 risk to reward ratio.

Comments
transparent-fx
xrpusd has some pretty interesting situations at the moment, my view
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