I'll keep this one short. I see a good risk reward play in the XRPUSD pair.
Even played conservatively you've got a risk reward of 3:1 with a potential 23% gain.
I've drawn the bullish pennants and expect a break to the upside. The EMA's are fanning long term bullish the MACD is showing bullish divergence and the RSI has come down so there's room to run. I made a good amount of money trading XRP this year, excited to ride this train again.
I'm always waiting for a breakout to initiate the trade. A close above the triangle should confirm.
**This is my personal educated opinion for my own portfolio, use it as an educational tool but please do your own research before trading yourself**
Like it if you like it!
Please comment your questions or your opinions to talk about the trade idea.
Even played conservatively you've got a risk reward of 3:1 with a potential 23% gain.
I've drawn the bullish pennants and expect a break to the upside. The EMA's are fanning long term bullish the MACD is showing bullish divergence and the RSI has come down so there's room to run. I made a good amount of money trading XRP this year, excited to ride this train again.
I'm always waiting for a breakout to initiate the trade. A close above the triangle should confirm.
**This is my personal educated opinion for my own portfolio, use it as an educational tool but please do your own research before trading yourself**
Like it if you like it!
Please comment your questions or your opinions to talk about the trade idea.
交易進行
交易結束：達到停損點
Like it if you like it, and comment if you have a question. I'm happy to answer!
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***