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illuminiF0x
Apr 20, 2019 3:44 AM

Possible sell if it breaks below Short

XRP / U.S. dollarBitstamp

Description

If it breaks below this small flag we could see a sell down to .29 area, confirming an Expanding Flat. We can put a sell order below the low and a Stop above the high to reduce the risk (XRP can be prone to taking off to the upside with little warning).

Trade closed manually

I have closed this trade at break even while we see what is forming now. A new sell order can be placed below this structure forming with a Stop above.

Trade active

We can move Stops here and think about adding new sell orders if its breaks below this flag:

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