BITSTAMP:XRPUSD   XRP / U.S. Dollar
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4
The move lower finally came taking price towards targets. I have closed off 50% of my position and moved my stops to BE, I no longer have exposure in the market.
The levels marked out are quite significant in my opinion, price keeps reacting to them so I will continue using them

If you keep things simple then you avoid confusion, I'm still looking for more downside movement.
There's an area close to 0.18 I'm looking at, I believe this area is acting as a magnet for price.

At the time of typing, there is a trade set up brewing.
Price has moved above the weekly open and looking very weak, I'm shorting at the weekly open and my stops will be above weekly open.
Seeing as I already have a position running, I will enter with a smaller position and a tight stop as usual.

There's always a chance I'm wrong, nothing is guaranteed. I trade what I see

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