Long
XRP// Quick Long Opportunity
Only reasons for entry are because of price's continuous respect of the TL, also I had a previous W pattern form and complete coincidentally on the TL as well. Of course there is a lot of liquidity beneath the TL which indicates that a spike can stop me out. However this is the risk I will be willing to take on this trade.
Trade closed: stop reached
Spiked out.
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.