XRP broke on upside of descending triangle few days ago and is coming to retest this 0.270 to 0.275 level. Since there is bullish sentiment in general, I'll go with simple trade a:
- entry at 0.275
- stop loss at 0.251 (bellow previous lows and 0.681 Fib level - hope it will be enough for trade to breath)
- target 1 at 0.32 (previous high)
- final target at 0.365 (between 1.272 level of last bigger rise and .37, which will probably act as stronger resistance)
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
- entry at 0.275
- stop loss at 0.251 (bellow previous lows and 0.681 Fib level - hope it will be enough for trade to breath)
- target 1 at 0.32 (previous high)
- final target at 0.365 (between 1.272 level of last bigger rise and .37, which will probably act as stronger resistance)
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
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Dagangan ditutup: hentian tercapai
