Ripple brokedown the red triangle but is now on double support, let's scalp this possible bounce:
Buy Entry= 0.00002672 - 0.00002650
Take Profit= 0.00002752 | 0.00002799 | 0.00002847
Stop Loss= 0.00002570
Risk/Reward= 1:1 | 1:1.52 | 1:2.04
Expected Profit= 3.42% | 5.19% | 6.99%
Possible Loss= -3.42%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x | 3x | 5x
Buy Entry= 0.00002672 - 0.00002650
Take Profit= 0.00002752 | 0.00002799 | 0.00002847
Stop Loss= 0.00002570
Risk/Reward= 1:1 | 1:1.52 | 1:2.04
Expected Profit= 3.42% | 5.19% | 6.99%
Possible Loss= -3.42%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x | 3x | 5x
Trade closed: target reached
TP3 hit with 6.99% profit, but SL was reached first. If you didn't use one (not recommended) or use a wider one, I hope you took nice profit.
If you got stopped before that, I had published another set-up lower and that small loss was more than compensated:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.