Quick intraday trade model long I took this trade after a recent high was broken and the market created an imbalance. i took my time to wait the market to fill the imbalance and went long I placed my TP on previous days high and SL on an order block.
it is Friday and there is only less time before the market closes this just for educational purpose
Monet
RIPPLE IS CLOSE TO TURNING POINT! SHORT XRPUSDRipple has been slowly creeping up and I don't think it has reached it's peak yet, however, it may not take us a while to get there because are approaching a structure level and we also have a Fibonacci confluence in the form of 50.0% retracement of the recent downward move and also the 127.0 Fibonacci extension of the recent up move.
This market is still in a corrective phase and that's why I would expect us to resume the downtrend very soon so let's see what happens.
Don't forget to check my previous post on XRP down below!
As always any opposing comments, views, arguments or feedbacks are welcomed!