jahhlee

XRPUSD - Analysis UPDATE

jahhlee Updated   
XRP fell through a very important key level this week. Here, we may see more downside momentum. It has pulled back quickly to this zone, but it may just be a retest and reject to make a new low. If we get a 50% retracement rejection I expect to see a downside move to 20 cents.


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Comment:
Sell in profit, almost 6% gain. I am hoping we will see the sells accelerate soon.

Comment:
Our sell is running 10% in profit.

Comment:
TP1 was missed by less than a pip, so we'll close half and go risk free as if it did get hit.

Comment:
I added another partial tp at the .35000 to .31000 range because it may be a strong area of support. We are currently 90 pips in profit.

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