XRP

Trade of the week: Payper

141
Date mark up: October 9, 2023

XRPUSD
Still consolidating from last week
- Payper Trade
Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY.
Execute: Clear break and retest from top or bottom of box.

Standard Rules:
*Position Type: Limit orders and Market Execution orders ONLY
* Only risk 5% of your account

* SET AN ALRAM ON the top and bottom of the box

TP 1: 100pips
TP 2: 200pips
TP 3: 300pips

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.