XRPUSD (Signal) - Caught In A Correction

Updated
After the recent surge in price, XRPUSD is offering us a good short opportunity to the next support, located at the $0.70 level.
In this setup i am using

  • VPVR: Spot the resistance for a high entry
  • Bollinger Bands: Reassuring my entry at the MA, which acts as a resistance in the current trend
  • Pivots (Auto): Spot Resistance & Support based on trading volume. Gives you an idea about where to close the short position.


Let's see how this goes!
Feel free to check out the content below this idea (check my bio!)
And leave a boost if you agree with this idea :)

Cheers,
Ares
Comment
Check out my Bollinger Bands strategy

Trade active
Trade closed: stop reached
Well... gg :-D
Chart PatternsTechnical Indicatorsxrpsecxrpusd

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