XRP's bull/bear transition Pt. 26
Updated
Big dip over past 24 hrs which has created a fractal like effect- looking for a big bullish move over the next week or so as a response. Stay tuned.
Note
We had a clean entry, however the lack of bullish activity makes me wonder if this is going to be the push to launch into the next triangle.
I put in a stop that will basically serve as a breakeven stop with minimal profit, to protect ourselves. Looking for another move after we see how things play out.
Note
Stop was closed out, yielding minimal profit- but it's great to give a trade a try and not lose any money.Looking for a new entry, likely closer to the black line below, looking at next week at this point.
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.