XRP/USDT
Updated
We are trading the range on the LTF and looking for a potential scalp.
There was a bear cross on the MACD, and selling pressure seems to continue, but I am also mindful that it can change. BB suggests the candles can hug the lower band until solid support is found.
There was a break in the structure.
Entry 1 and 2 can provide an alternate short scenario. be sure to adjust your stop for these entry scenarios.
Take profit, lower stops for profit is possible.
best wishes,
HONEYITSGONE!
There was a bear cross on the MACD, and selling pressure seems to continue, but I am also mindful that it can change. BB suggests the candles can hug the lower band until solid support is found.
There was a break in the structure.
Entry 1 and 2 can provide an alternate short scenario. be sure to adjust your stop for these entry scenarios.
Take profit, lower stops for profit is possible.
best wishes,
HONEYITSGONE!
Note
Note that a move from the lower band to the upper band is possible. I have given alternate entry scenarios for this reason. Be sure to adjust your stops for the alternate entries. Play safe! Please beware of the daily close as it is our enemy.
Trade closed: stop reached
Took a scalp at the start then got stopped walking away with a 0.7% Loss on this one. XRP does it again. I want to build a short position on this bad boy again.Note
Cautiously building a short position at certain levels on XRP. Paying attention to the 1 day. Action can take us $1.35- $1.59 before deciding the next move.Note
Thinking of publishing video ideas to capture the successful moments after my charts are invalidated and to scalp on the 1min TF(I need to check the rules). have you been Stopped? Find a better entry or take a hike for the day.Note
CI closed half my position @ $1.2250 (bought after invalidated chart because XRP was beyond overextended at that moment and buy volume became extremely weak for a short time) and set an S/L at $1.25. This trade will let me leave with a minor profit. I had another joyous green day.Best wishes,
HONEYITSGONE1
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