XRP time to short for about 40% profit
Atualizado
Perfect bearish bat pattern formed (1hr candle) + 0.618 retracement (daily candle)
XRP rallied really good up to 0.618 retracement (0.525) in daily candle chart from the previous high (062435).
Now XRP is doing distribution in my opinion in 1hr candle chart and I'm expecting to go down from 0.618 (0.495) ~ 0.886 (0.5157) to all the way down to 0.3 area.
Stop loss should be 0.525
XRP rallied really good up to 0.618 retracement (0.525) in daily candle chart from the previous high (062435).
Now XRP is doing distribution in my opinion in 1hr candle chart and I'm expecting to go down from 0.618 (0.495) ~ 0.886 (0.5157) to all the way down to 0.3 area.
Stop loss should be 0.525
Nota
I will exit at 0.454 and re-enter the positionNota
I might long at 0.454Nota
Okay my order got filled in 0.46I will short at 0.5 area again
Nota
stop loss should be 0.44788Nota
I got out of my long position with small profit.volume's too low and might not forming another harmonic
I will get in short again if price fall below 0.454 support region
Nota
Okay there is no clear sign of bounce yetCurrently just bear mark up
Trade fechado: objetivo atingido
target reached
Aviso legal
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