hedgewithcrypto

RIPPLE - Short Opportunity - 12% ROI - Risk/Reward 4:1

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hedgewithcrypto Atualizado   
Reasons to consider a short sell:

  • Rising wedge formation indicates fewer buyers on each re-test of trend line
  • Pop out the top of rising wedge into a previous consolidation zone that trigger a sell off during May (supply zone)
  • Risk to reward (4:1) meet's criteria and allows multiple profit targets
Trade ativo:
I've moved stops to BE already to lock in a free trade. At a minimum half risk
Trade ativo:
Target 1 hit! Trailing stops to lock in profits
Trade ativo:
Possible head and shoulders pattern. Another bearish sign. Could see a retracement to the neckline before continuation to target 2
Trade ativo:
Another rising wedge pattern on 15min:
Trade fechado manualmente:
Out of position on trailing stop. Locked in profits. Also note something is definitely cooking on XRP/USD. A lot of accumulation.

Aviso legal

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