We see how XRP / USD, has surpassed Filo Katana, HDH (Home Sweet Home), accompanied by the upward drilling of the line whales, which inclines us to take positions, before the possible scenario, about to confirm, to see XRP , returning to lost levels, around 0.31.
The price is located outside of OB / OS zones, leaving the price with comfortable travel to a new HH, after having reacted, correctly to the Double Bottom, in levels of 0.28 approx.
Leaving a possible route to the Fibo OP environment mentioned levels.
On the other hand it should be noted, the possibility of seeing a rejection of the price in such market conditions and obtain a rejection, breaking the possible Stop Loss, located at 3% of the point of entry, which would make us, take the closing positions long.
Entry to the market:
— Entry: Current price has market.
— Output: around 0.31.
— Stop Loss: We set it at 3%, around 0.286.
The benefit / loss ratio for this operation is 4.17
XRPUSD
Hek.
The price is located outside of OB / OS zones, leaving the price with comfortable travel to a new HH, after having reacted, correctly to the Double Bottom, in levels of 0.28 approx.
Leaving a possible route to the Fibo OP environment mentioned levels.
On the other hand it should be noted, the possibility of seeing a rejection of the price in such market conditions and obtain a rejection, breaking the possible Stop Loss, located at 3% of the point of entry, which would make us, take the closing positions long.
Entry to the market:
— Entry: Current price has market.
— Output: around 0.31.
— Stop Loss: We set it at 3%, around 0.286.
The benefit / loss ratio for this operation is 4.17
XRPUSD
Hek.
Trade closed manually