Pending order for possible short on XRPUSD, I do not expect to get triggered because I think I have identified the opportunity to get a proper Risk:Reward a bit late but still, I leave this here and then we will see what happen
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This is another possible setup, because as I have mentioned before, I think its a bit late to put that pending order around the 0.19$, so we give another possible pending entry a bit more risky but more possible to happen.
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Half position closed, the other half running with the break even placed, I could be expecting a bigger move to the downside than stated on the Risk Reward tool
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The original Entry Pending level has been triggered, the Risk:Reward is pretty decent from my point of view, let's see how it plays.
@VincePrince, I mostly agree, I have already accumulated some XRP for long term but I still wait to see XRP between 0.10$-0.13$ to reaccumulate more. Your blue channel makes sense but I wouldn't draw it exactly as you have done it. In conclusion I agree with you perspective.