XRP
Short
Updated

XRP to Dive Lower to Initial Support? ~ Probability: Moderate

375
XRP has been in a rhythmic pattern as of late, I am anticipating a drop. Trying something new!
Note
After further inspection of the current trend line on the Daily Time Frame, if our initial Target of $0.32096 is met. We will see a huge rally back to the 0.33 levels.
Note
Price hit my SL after I moved it into profits.
2nd Trade entered at: 0.32496
Target remains the same.
Note
Trade closed out at 63%
Initial pips targeted: 759
Total pips gained: 440+
319 pips over price action
Overall realized how to adjust my initial target with better precision.

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.