XRP — uptrend swing trade!
Taking advantage of a price pullback on ripple for a long with a brilliant risk-reward. Price action shows strong consolidation from the h1 to h4 time frames, which in a market sentiment this bullish is an incredible indicator for an entry. Targeting previous structure highs with 1% risk.
Note
100+ pips in profit, moving stop loss to break even. Going to keep holding.Note
Ripple decided to head back down, our trade got very far into profits though!!!Somewhat of a trade win.
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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.