XRP / TetherUS
Short
Updated

XRP quick short 🤔↘️🤔↘️🤔↘️

11 464
Hi dear traders
We can see bearish divergence between price and volume
Possible price go down to FVG area
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Trade active
Note
Tp1 hit 🎯
Note
Tp2 hit 🎯
Trade closed: target reached
Tp3 hit 🎯
Full Targets
We take profit 7.73% from first entery
Good luck 🤗
Note
snapshot
The H&S pattern is formed. Price tests the neckline as resistance. If confirmed, the price can reach the desired goals. Otherwise, the price can rise to the 0.85 area.
Let's see what happens
This is not financial advice ( DYOR )
Note
H&S pattern faild
Note
Stop loos still valid 🙄
Let's see what happens 🤔
Note
snapshot
🙄🙄🙄🙄
Note
Tp1 hit 🎯
Note
Tp2 hit 🎯
Trade closed: target reached
Tp3 hit 🎯
Full Targets
We got 5.87% profit from the second entry
Good luck 🤗
Note
snapshot
As you can see, we took full advantage of both entries. Now there is a divergence between price and volume. It is possible to return the price from the downward trend line.
Let's see what happens
This is not financial advice
Good luck
Note
Running well
Note
Tp1 hit 🎯
Note
Tp2 hit 🎯
Trade closed: target reached
Full Targets
Good luck 🤗
Note
snapshot
The price is moving in the descending channel.
According to Elliott waves, we expect the price to go down to the specified area.
There is a possibility of a false break up to the area of 0.72.
The main resistance area is near 0.75
Let's see what happens
This is not financial advice
Good luck
Note
Tp 0.6920 hit 🎯
Trade closed manually
Note
snapshot
Possible secnario
If breakdown trend line, then bearish flag confirmed
Let's see what happens
Good luck
Note
Tp1 hit 🎯
Note
Tp2 hit 🎯
Note
Tp3 hit 🎯
Trade closed: target reached
Tp4 hit 🎯
snapshot
From the fourth entry, we made 8.83% profit.
Full Targets
Good luck 🤗
Note
Hi dear traders
As you saw in the previous analysis, we took full advantage of four inputs Price broke the bearish wedge. It is now likely to test the lower edge as resistance. If the 0.6475 area is confirmed as resistance, we can enter a short position. Wait for confirmation
Let's see what happens
This is not financial advice ( DYOR )
snapshot
Trade active
Note
Tp1 hit 🎯
Note
Tp2 hit 🎯
Note
Tp3 hit 🎯
Trade closed: target reached

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