XRPUSD - Ripple 15M - Buy on dip

BITFINEX:XRPUSD   Ripple幣 / 美元
Time to grab some Ripple base on trend from Timeframe H1, price would go up a bit then correction and shoot up then.

Wait to buy at the green line when price doesn't suddenly break through
Hello, what do you mean by "when price doesn't suddenly break through"?
@Vroney, maybe he means the support (greenline), as we can see, there are 11 bar of movement in there, that's plenty enough to decide it's a rebound or not.
@Vroney, It's a bit tricky here that you manage to take your entry based on price action at the appointed level. Specificlly, in this case, if price took so long to make retracement comparing to time span from the arrow, it's something wrong. When time is at the expected level, if it doesn't have any reactions that lead to a real bouncing, there is a high chance that it compromises to go a bit further. So, your Stop is wider or cancel Setup. Most of the time, reactions are within first few candles
DatTong DatTong
@DatTong, "when time" <--- I mean "when price"
Vroney DatTong
@DatTong, Thanks a lot!!
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