Good Evening Traders!
XRP has broken through Fractal (Bill Williams) top on Daily just above $0.71
This is a very strong buy signal, this move looks similar to the fractal created in early December, pre-rally.
Alligator indicator has also experienced a bullish crossover.
We have also successfully broken through 200 day EMA (Light Blue).
Trade Details:
Entry: $0.714 (Yellow)
Stop: $0.64 (Red)
Target 1: $0.75
Target 2: $0.85
Target 3: $1.08
Please note we are currently attempting to breakthrough the top of the downward channel taken from February and March highs.
Thank you for taking the time to read, any pointers/criticism welcomed!
Cheers,
Fraser
Trade closed: target reached:
Target 1 & 2 reached