bizmark

XRP triangle breakout 2 📐

Long
BINANCE:XRPUSDT   XRP / TetherUS
Ripple is trying to break up this triangle📐 and if successful I think there is chance for run to 1.03 and even higher.
  • ENTRY: local high @ 0.7693
  • STOPLOSS (SL): local low @ 0.7033
  • TARGET (TP): height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 1.03
  • REWARD RISK RATIO ( RRR ): 3.9
  • INVALIDATION: when SL level hit

Check my other stuff in related ideas.

Please like👍, comment🗣️, follow me✒️, enjoy📺!

⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Trade active: Order filled ✔️
Trade closed: stop reached: Stoploss hit 🛑

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.