XRP/USDT - 20% Long! (2x Leverage) 4H Chart
I have not posted in a while however saw this come up and thought I would share it with all of you... This is not financial advise and is merely a reflection of my own personal views... In saying that, Good luck to those who follow!
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- Triangle Pattern formed and broken out of on the 4H chart with a retest of the horizontal resistance level (circa 84 cents)
- 1.618 Fibonacci extension highlights a price target of 94 cents (I am personally setting a take profit at 93 cents)
- Stop Loss set at 83 cents reflecting a 4:1 Risk reward Profile (5% loss to 20% gain)
I have been watching this chart all day and personally entered at 85 cents at 2x Leverage - never trade leveraged without having an appropriate exit strategy...
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- Triangle Pattern formed and broken out of on the 4H chart with a retest of the horizontal resistance level (circa 84 cents)
- 1.618 Fibonacci extension highlights a price target of 94 cents (I am personally setting a take profit at 93 cents)
- Stop Loss set at 83 cents reflecting a 4:1 Risk reward Profile (5% loss to 20% gain)
I have been watching this chart all day and personally entered at 85 cents at 2x Leverage - never trade leveraged without having an appropriate exit strategy...
交易結束：目標達成
Happy Days.
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