Joop.XL

$XRP going short !

Short
Joop.XL Updated   
Maybe it was better to wait until XRP breaks the resistance line but i went for it, going short for a nice 7% DROP. I'm using my own JP MASTER indicator to determine the right moment to enter, this in combination with my own RSI and STOCH indicators.
Comment:
Let's break the next resistance line !

Comment:
How low can you go ? I'm setting a takeprofit at 10% and let it run. The other takeprofit is when we have a close above the cloud.

Trade closed manually:
I'm taking my profit, RSI oversold, STOCH oversold and price going up. I think it's better to take profit and if it drops again re enter.

Comment:
Tried to re enter but the price is going all over the place, i'm taking a break :)


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.