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AlphaCurrencyTrader
Apr 14, 2021 2:19 PM

XRPUSD LONG the pullback Long

XRP / DollarBitfinex

Description

XRP is extremely bullish here.

Looking to enter just above the .786 Fibinocci pullback

Entry:

Between $1.47/1.44

Take Profit 1: $1.67
Take Profit 2: $1.95

Stop Loss: Invalidated with a break and close of $1.30

Trade active

Comment

Retested the level again, this should hold. At least for the remainder of this trading day. Lets rip!

Comment

2000 pips in 4 hours :P

Comment

Target #1 Acquired! 2,000/ 2,300 pips in less than 12 hours!

Trade closed: target reached

Comment

Holding half for Target #2 with stop loss at break even. This is now a risk free trade with profit locked in, happy Friday! :)

Trade closed: stop reached

Remaining 50% was stopped out at breakeven after the flash crash on Saturday.
If you followed this you still locked in 2000+ pips on 50% of your investment!
Onto the next...
Comments
AlphaCurrencyTrader
Hugeee move down to a our perfect entry. If you’re following this trade, you are 1000 pips in profit in 5/10 minutes. With all of this volatility, I would put my stop loss in profit to protect this trade!
AlphaCurrencyTrader
🎯🎯🎯
AlphaCurrencyTrader
Valid: Active & filled 7:28am EST
mmarafie
Great analysis thanks
AlphaCurrencyTrader
@mmarafie, No problem! Hoping it fills!
mmarafie
@AlphaCurrencyTrader, I'm long XRP, been holding since 2017, I see it getting to new all time high and maybe $5+ in a few months
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