XRP Scalp Opportunity with a 6.6RR and a 50-60% profit potential

Good morning traders!

I've found a nice quick scalp opportunity on XRPH19 after we had a nice retest of previous resistance before the breakout.

XRPH19 on Bitmex has low liquidity, so it's a higher risk trade but I like the support it's held so far and I've bought these S/R flips before for nice profits on the bounce.

I'm looking at a 10X leverage trade with a trailed take profit when and if we get the bounce.

Targets are ideally the .618 and the .786 on the bounce.

Good luck and happy trading!

Remember:
If the chart is old, don't trade off of it.
This is only for research purposes only.
Manage your risk with stop losses and correct position sizes.

交易進行

The 23.6% fib level was reached for 16% profit on 10X and 32% profit on 20X.

Trade is still open with a trailed stop loss to 8050 to lock in at least a 5% profit.

Continue trailing your stop as the trade moves. :)

註釋

Stopped out for profit after taking some off at the top as well.

Re-entered again with a new stop for this ascending triangle pending a bullish breakout.