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ImreSG
Aug 27, 2018 11:13 PM

RIPPLE / H4 / BULLISH BREAKOUT (TRIANGLE) Long

XRP / DollarBitfinex

Description

Wait for break and close of the resistance line of the triangle before taking a position.

When we hit TP1 move your SL to the entry point.

Trade active

Trade active :)

Trade closed: stop reached

Stop out
Comments
Bahmankh
hi thanks for your post /
whats your mind about of this?
InvestingScope
That break out to 0.42412 is quite likely to take place but it has first to break 0.35277 (Lower High of the 1D Channel Down):

ChrisNickersonian
what areas would be good position to sell then buy back in? 42-sell back to 38-buy after??
ImreSG
@ChrisNickersonian, Once we complete this triangle pattern I anticipate a retracement back to 0.383 at the very least
ChrisNickersonian
@ImreSG, Thank you sir, im new to this space. Currently trying to educate myself on making my own analysis'. Your input comes appreciated.
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