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May 29, 2019 6:34 AM

XRPUSD 1H WILLIAMS %R CONTINUATION RE-ENTRY STRATEGY Long

XRP / United States DollarCoinbase

Description

Follow Williams %R rules to enter original long
a Price mostly above 50 ema creates a bullish bias
b %R below -90 level for oversold market
c %R crosses above -50 level for entry

Williams %R Continuation Re-Entry Rules
a Price stays above 50 ema
b Pullback retracement makes %R to fall below -50 level
c Re-Enter when %R crosses above -50 level

Find appropriate SL - move SL as price and profit moves up

Comment

Following Price with SL
Price dropped and closed out trade
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