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XRP Potential Cup and Handle - 1:6 risk:reward here
XRP
Long
XRP Potential Cup and Handle - 1:6 risk:reward here
By oofd
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Updated
Feb 7, 2021
1
1
6
6
Feb 6, 2021
Speculating a potential cup and handle play on XRPUSD.
Handle is still forming at this time.
Entries:
1. Enter here for 1:6 risk:reward
2. Safer entry on the retest of breakout from the neckline (yellow)
Stop loss: $0.42 (below the low of handle)
Target 1 (conservative): $0.56
Target 2 (aggressive): $0.65
Feb 7, 2021
Trade closed: stop reached
NEW IDEA:
Chart Patterns
cupandhandlebreakout
cupandhandlepattern
xrp
xrpusd
xrpusdlong
oofd
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