tradeformula

XRP's bull/bear transition Pt. 55

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tradeformula Uppdaterad   
BITSTAMP:XRPUSD   Ripple
Taking a look at XRP and seeing a potential opportunity for a small risk entry on a small time frame. Will watch this one play out in the comments. By the end of the video we're already just about ready to apply a breakeven stop because of the nature of the entry.

Thanks for watching, let me know your thoughts
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Saw a sell off when hitting the pink line as predicted
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Nice move last night, looking for next low to put in stop
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We have an oversold on the 15m with a nice response, setting my stop here

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Trade is progressing very well, currently at 1/33 risk to reward, fantastic. Expecting bullish market until probably around .30 at a minimum. Put in new stop, with previous one for reference:

Kommentera:
Raised the stop, currently at 45/1 risk to reward ratio.


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