Tradingstrategyguides

XRPUSD 4H RANGE SHORT TRADE

Short
Price is below 50 sma
Price is falling to bottom of range
Find an entry point on a 5m/15m chart from a pull back
Take Profit at bottom of range
Find a SL that fits your risk/reward
Macd is falling and has wide space between lines
Comment:
Pair is working it's way to the bottom of the range
Take Profit and SL shown
Comment:
Take Profit hit!!

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