XRP Super Bullish w Targets
XRP just broke out of a retracing downtrend channel (retracing HTF uptrend)
Once It broke out in a HTF uptrend it will take out all the top side liquidity ignoring most resistance levels since it is a parabolic liquidation event
Using Nava Imbalance Strategy
- HTF Uptrend
- LTF Downtrend w top side imbalance
- LTF breakout of channel + Retest = Entry signal
- TP HTF Liquidation event
- SL last major swing Broken + retested under confirming trend direction change
Once It broke out in a HTF uptrend it will take out all the top side liquidity ignoring most resistance levels since it is a parabolic liquidation event
Using Nava Imbalance Strategy
- HTF Uptrend
- LTF Downtrend w top side imbalance
- LTF breakout of channel + Retest = Entry signal
- TP HTF Liquidation event
- SL last major swing Broken + retested under confirming trend direction change
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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.