📝 TradingView Post (Short Scalp Setup)
XRPUSDT - 15m Short Scalp on Local Wick Rejection
Hello Traders,
Shifting focus to a lower-timeframe momentum play on XRPUSDT (15m chart). This is a quick scalp setup based on a sharp liquidity tap and immediate overhead resistance confirmation.
⚡ The Logic
Supply Tap & Rejection: Price printed a strong momentum candle to the upside but faced an instant, heavy wick rejection at the 1.1522 level, signaling that sellers are actively defending this local ceiling.
Micro Structure Failure: Following the rejection, the immediate 15m candles failed to sustain the highs, breaking below the micro-consolidation base.
🛠️ Trade Parameters:
Entry Zone: Around 1.1471 - 1.1489 (Triggered)
Stop Loss (SL): 1.1522 (Strict invalidation right above the rejection wick)
Take Profit (TP): 1.1134 (Major structural liquidity pool/support floor)
This is a high-RR momentum scalp. Risk is tightly defined at the absolute invalidation point. Manage your sizing accordingly!
XRPUSDT - 15m Short Scalp on Local Wick Rejection
Hello Traders,
Shifting focus to a lower-timeframe momentum play on XRPUSDT (15m chart). This is a quick scalp setup based on a sharp liquidity tap and immediate overhead resistance confirmation.
⚡ The Logic
Supply Tap & Rejection: Price printed a strong momentum candle to the upside but faced an instant, heavy wick rejection at the 1.1522 level, signaling that sellers are actively defending this local ceiling.
Micro Structure Failure: Following the rejection, the immediate 15m candles failed to sustain the highs, breaking below the micro-consolidation base.
🛠️ Trade Parameters:
Entry Zone: Around 1.1471 - 1.1489 (Triggered)
Stop Loss (SL): 1.1522 (Strict invalidation right above the rejection wick)
Take Profit (TP): 1.1134 (Major structural liquidity pool/support floor)
This is a high-RR momentum scalp. Risk is tightly defined at the absolute invalidation point. Manage your sizing accordingly!
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.
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.