I have made this trend by using the Dow theory and put my stop loss and take profit after analysing the candle pattern along with the support and resistance.
If you look at XRP it's previous structure , it's similar to where we are right now.
Previous structure broke out more than 200% so I am expecting it again as long as it maintains the trend. I have put the stop loss on the previous support line which is below the Lower low. If it breaks then it will also invalidate the trend .
If you look at XRP it's previous structure , it's similar to where we are right now.
Previous structure broke out more than 200% so I am expecting it again as long as it maintains the trend. I have put the stop loss on the previous support line which is below the Lower low. If it breaks then it will also invalidate the trend .