Xrpusdt, micro strategy for scalpers

14 de mai.

If a liquidity sweep and a bounce occur at 2.56, it's a good area to buy. Set a stop-loss if the price closes below 2.56 on the 15-minute timeframe.


Take-profit levels 1 and 2 have already been reached, with only take-profit level 3 remaining.
It's preferable to buy after a bounce at the liquidity sweep area and close the trade if the price closes below it. Alternatively, you could buy at any price around 2.5968-2.60, take partial profit at 2.65, and then hold up to 2.9, which is the take-profit area for the higher timeframe head and shoulders pattern that activated a week ago.

14 de mai.

Trade ativo

Here is the higher time frame h&s pattern that activated a week ago.

14 de mai.

Nota

Consider taking partial profits now if you're aiming for a higher timeframe trend. Alternatively, take full profits if your entry was at a liquidity sweep area. Factor in your Risk-Reward Ratio (RRR) and secure some profit to mitigate potential emotional distress should the trend reverse.

14 de mai.

Nota

I will keep this trade active for traders looking for a higher time frame take-profit area.

14 de mai.

Nota

Aw sorry, 2.5626-2.60 good buy area, which is the right shoulder. Invalidation, a close below the bottom of the shoulder.

14 de mai.

Trade fechado: stop atingido

Closed below the bottom of the right shoulder.

If you take a partial profit in the 2.65 area, your emotions might not be as positive as taking the whole profit, but you will still lessen your exposure and only realize a partial loss.

Considering your target is the 2.9 area which is great rrr.