XRP- Golden Pocket or Death Drop? Critical XRP Decision Imminent
Current market structure shows XRPUSD consolidating at a critical support zone around 2.17, where a confluence of factors could drive the next significant move.
📌 Key Zone:
The 2.17 price range aligns with the Golden Pocket (61.8%-65% Fibonacci retracement) and a Fair Value Gap (FVG), creating a strong liquidity zone. This area has been tested several times, showing signs of demand and accumulation 🔍.
🟢 Bullish Scenario:
If the Golden Pocket holds and price shows bullish confirmation with a Market Structure Shift (MSS) or an inverted FVG, the probability for a reversal increases.
🎯 Target:
The first upside target would be the unfilled imbalance (FVG) between 2.36 and 2.39, offering a clean liquidity grab and potential continuation to higher levels.
Entry Confirmation:
🔴 Bearish Scenario:
If the price breaks below the Golden Pocket without bullish confirmation, the next liquidity target lies at the 2.06 price range — a level where the market could sweep lows before a possible reversal.
Entry Confirmation:
⚙️ Trade Plan:
This setup offers high R:R potential if executed with patience. Let price action dictate the move!
What do YOU think? 👇
Will XRP hold this strong support or are we heading lower?
__________________________________________
Thanks for your support!
If you found this idea helpful or learned something new, drop a like 👍 and leave a comment—I’d love to hear your thoughts! 🚀
Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈
📌 Key Zone:
The 2.17 price range aligns with the Golden Pocket (61.8%-65% Fibonacci retracement) and a Fair Value Gap (FVG), creating a strong liquidity zone. This area has been tested several times, showing signs of demand and accumulation 🔍.
🟢 Bullish Scenario:
If the Golden Pocket holds and price shows bullish confirmation with a Market Structure Shift (MSS) or an inverted FVG, the probability for a reversal increases.
🎯 Target:
The first upside target would be the unfilled imbalance (FVG) between 2.36 and 2.39, offering a clean liquidity grab and potential continuation to higher levels.
Entry Confirmation:
- ✅ MSS on lower timeframes (5M/15M)
- ✅ Inversion of bearish FVG
- ✅ Bullish candlestick patterns
🔴 Bearish Scenario:
If the price breaks below the Golden Pocket without bullish confirmation, the next liquidity target lies at the 2.06 price range — a level where the market could sweep lows before a possible reversal.
Entry Confirmation:
- ❌ Clean break and close below 2.17
- ❌ Retest of the broken level as resistance
- ❌ Bearish order block formation
⚙️ Trade Plan:
- Wait for bullish or bearish confirmation
- Set alerts at 2.17 and 2.06
- Always follow risk management 📊
This setup offers high R:R potential if executed with patience. Let price action dictate the move!
What do YOU think? 👇
Will XRP hold this strong support or are we heading lower?
__________________________________________
Thanks for your support!
If you found this idea helpful or learned something new, drop a like 👍 and leave a comment—I’d love to hear your thoughts! 🚀
Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈
交易結束：目標達成
Target reached for the given bearish entry conformation.
Experienced trader with 6 years of expertise in all markets. 💼
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Experienced trader with 6 years of expertise in all markets. 💼
Follow me for:
📊 Market updates
🔍 Indicators
📚 Educational content
Follow me for:
📊 Market updates
🔍 Indicators
📚 Educational content
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。