XRP - Trade Setup

120
Local Price Action:

We are in the area of the major trend reversal zone. Since the price has left the zone by more than its own size, the zone has been reactivated and is tradable again according to the System.

snapshot

Macro Price

The 0.5 level of the major trend reversal zone overlaps with the bearish target areas on the hourly chart. If we reach this level, I will open another long position in $XRP."

snapshot

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.