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SUMMARY: We are getting a confirmed long signal on Ripple (XRPUSDT) on the 4 hour. Looking for continuation to the upside.
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STRATEGY USED: Momentum Mover
Trend Confirmation = Fractal Trend
Entry Signal = Breakaway Scalper
Exit Signal = Breakaway Scalper OR Orderblock Mapping
Note: Breakaway Scalper input "Type of stop loss" = Static Manual @ 5%*
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DESCRIPTION:
1. We have gotten a long signal from our Momentum Mover strategy on the 4 hour as both our Fractal Trend (background Green) and Breakaway Scalper (bar color Green) have a long bias.
2. We have a manual static stop at 5% from the suggested entry (yellow line) which is below the range lows in the anticipation of avoiding a liquidity hunt if one were to happen.
3. Since we are getting a long scalp signal at the bearish order block at R1, we are looking for resistance at R2 and R3 as potential spots to take profit.
3. The position will be exited at the stop loss or if Fractal trend or Breakaway Scalper change from bullish to bearish/neutral.
4. If we do get an exit, we will be keeping an eye on the bullish order blocks at S1 and S2 as potential support levels.
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NOTE: We conduct market analysis on a daily basis from a trend trading perspective using our own in house built tools. If you like any of the content we provide please leave a like and a follow to show your appreciation.
SUMMARY: We are getting a confirmed long signal on Ripple (XRPUSDT) on the 4 hour. Looking for continuation to the upside.
---
STRATEGY USED: Momentum Mover
Trend Confirmation = Fractal Trend
Entry Signal = Breakaway Scalper
Exit Signal = Breakaway Scalper OR Orderblock Mapping
Note: Breakaway Scalper input "Type of stop loss" = Static Manual @ 5%*
---
DESCRIPTION:
1. We have gotten a long signal from our Momentum Mover strategy on the 4 hour as both our Fractal Trend (background Green) and Breakaway Scalper (bar color Green) have a long bias.
2. We have a manual static stop at 5% from the suggested entry (yellow line) which is below the range lows in the anticipation of avoiding a liquidity hunt if one were to happen.
3. Since we are getting a long scalp signal at the bearish order block at R1, we are looking for resistance at R2 and R3 as potential spots to take profit.
3. The position will be exited at the stop loss or if Fractal trend or Breakaway Scalper change from bullish to bearish/neutral.
4. If we do get an exit, we will be keeping an eye on the bullish order blocks at S1 and S2 as potential support levels.
---
NOTE: We conduct market analysis on a daily basis from a trend trading perspective using our own in house built tools. If you like any of the content we provide please leave a like and a follow to show your appreciation.
Trade closed manually
Breakaway Scalper signaled neutral (gray bar color) which ended to a long closure prior to our stop-loss being used and the continued dump. 
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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.