Scenario 1: Long (blue arrow) 1. Falling under 50% of the Range 2. Reclaiming the 50% level 3. Buy on a retest of it.
Target: Top of the range
Scenario 2. Short (yellow arrow) 1. Price falling under 50% level 2. Generating Lower Swing 3. Rebuy on the level after breakdown
Target: Bottom of the range
I posted the last days two other ideas to XRP dont confuse them and watch timeframes and scenarios.
Dont forget: - Watch your Risk management - DYOR (Do-Your-Own-Research) - This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading! trader_se
Comentário
Interesting reaction of the 50% level
Trade ativo
Comentário
Lets see if it can reclaim the 0.5 Fib level - if not prob have to close the position and the second scenario could come into play.
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