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GIgor_021
Feb 3, 2020 3:00 PM

XRPUSD: triangle breakout, further positivity is coming? Long

XRP / US DollarBinance

Description

Cryptocurrency market is breaking out from descendeing trendlines (check my previous posts regarding).. global uncertainty around coronavirus might enhance further positivity.

Triangle breakout in XRPUSD (yesterday close on daily timeframe) provides signal for joining bulls with quite wide stop around 0.215 and 0.365 t/p level.. (R:R=3.3)

If entering the market at 0.265 S/L can be placed around 0.23 price level.

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Trade closed manually

Position was closed at around 0.32 price level
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