DACapitalTrading

XRPUSD - SETUP - WEEKLY CONTINUATION - 9 MAY

Short
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XRPUSD just started moving as expected, quick Timeframe breakdown for free and everybody.


4 HOUR
Very bearish Price action pushing and forming new lows

DAILY
4th Bearish Daily Candle forming and breaking out of actual price range

WEEKLY
Not much movement last 3 weeks, we started to move to the downside now

LEVELS
SHORT @ 0.77193
SL @ 0.81419 (5,5 %)
TP1 @ 0.72866 (RR 1.0 = 5,5 %)
TP2 @ 0.70804 (RR 1.5 = 8,3 %)
TP3 @ 0.68640 (RR 2.0 = 11 %)
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!


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DACAPITAL TRADING
Trade active
Trade closed: stop reached:
-5,5%
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