Matching VPVR profiles on XRPUSD pair, expecting swipe of this week's lows before a move up.
Note
Low was taken which qualifies the structure as A-B and not 1-2, meaning XRPUSD is probably trading inside a small bearish triangle from Sept 2017 onwards OR a much bigger bullish triangle since ATH.Note
Took 50% at the 2 grey lines above, moving the stop just below 0.29 since that's a full retracement of the impulse.Trade closed manually
Closed manually. Structures look corrective either a big triangle since the big pump that will break down or some kind of complexity / ending diagonal.
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Related publications
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.