Ripple Trading plan for BITFINEX:XRPUSD by Yuriy_Bishko

Ripple Trading plan

The price broke up a Tringle. Ripple will move up to key sell zone $0.60 - $0.62 There are end of 2nd Wave up.

$0.6 -$0.62 - is Sell Zone. Near that level we can open a Short.

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I'll write when to open a Short if this post get 45 like.

Note

Price can move to 0.6 - 0.62

Note

Wait for price reaction on $0.6238

Trade active

Note

Dear friends you need to know some rules of my trading system.

1. I always use S/L
2. I don't risk more than 1% in every deal
3. I open a Deal if i can get in 4 times more than my risk was.
4. That means even with 40% of profit deal i still earn money

It is calls trading.

If you set 100% of your capital on every trade - you are gembler not a Trader.

Note

For those who opened short at $0.6

Move Stop/loss to $0.6280
Because, the price don't show clear signal for a Short.

Trade active

Move Stop/loss to $0.61

Trade active

Close 30% 0f position

Note

Ripple is so close to 1st target $0.43

It is a low of big channel. I think near $0.43 the price can change it direction into bullish move.

Trade closed: target reached

Yuriy_Bishko

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