XRP
I wish I had a really good reason, but I don't. Yes, buying XRP contracts.
Starting to buy XRP for a long position here. Averaging down to the lower red support. I will stop out if we break below that convincingly.
Horizontal and Volume support level here. Bullish divergence on RSI, and CMF (slight)
I am pyramiding these buys and keeping this to a small position (less than 5% of total account)
Profit targets are previous highs over the past 8 months. With a stop below the lower Horizontal(red) R:R is 5.51 for 2nd to last profit target. Worth it. Could be played more conservatively and take a larger position with a stop below current Horizontal.
These are a record of my trades. Provided for educational purposes only.
Starting to buy XRP for a long position here. Averaging down to the lower red support. I will stop out if we break below that convincingly.
Horizontal and Volume support level here. Bullish divergence on RSI, and CMF (slight)
I am pyramiding these buys and keeping this to a small position (less than 5% of total account)
Profit targets are previous highs over the past 8 months. With a stop below the lower Horizontal(red) R:R is 5.51 for 2nd to last profit target. Worth it. Could be played more conservatively and take a larger position with a stop below current Horizontal.
These are a record of my trades. Provided for educational purposes only.
Note
Lowest orders have filled. Waiting on rebound or stop out.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.