Weakening In Price + Retest Short

XRP / DollarBitfinex

Description

⋅ Oct 25, 2018 1:15 AM

Price is obviously weakening creating lower lows and lower highs and in addition has broken key market structure with momentum. if price respects trend im taking it down to the 61.8 and then to the trend line with proper risk and trade management.

Comments

NewYork888

⋅ Oct 25, 2018 1:47 AM

Looking for a real fall in XRP - we'll see how it ahakes out

joeyvalentino

⋅ Oct 25, 2018 3:46 AM

@london55555, this should be tp2 setting up

NewYork888

⋅ Oct 25, 2018 4:42 AM

@joeyvalentino, Ractly eventually we're looking for a low in the .08c area with sharp bounces along the way - we'll see what happens