XRPUSD
I took a small loss on this trade but it is nothing compared to the profits already banked.
Stop placement is an important part of my game plan, if a stop is too big or is below a certain level then the trade is not worth it. I prefer catching tops and bottoms to reduce anxiety.
I’ve been calling for that $0.30 zone for a while now and it came. Price does not seem like it’s done with this down leg just yet.
There could be an ugly shake out coming in the near future or the first half of next year.
As bullish as I am I’m not taking $0.17 off the table just yet. Price does not move in a straight line corrections are an important part of a bullish “asset” unless you are the stock market and we all know stonks are on crack.
Stop placement is an important part of my game plan, if a stop is too big or is below a certain level then the trade is not worth it. I prefer catching tops and bottoms to reduce anxiety.
I’ve been calling for that $0.30 zone for a while now and it came. Price does not seem like it’s done with this down leg just yet.
There could be an ugly shake out coming in the near future or the first half of next year.
As bullish as I am I’m not taking $0.17 off the table just yet. Price does not move in a straight line corrections are an important part of a bullish “asset” unless you are the stock market and we all know stonks are on crack.
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