TradingOn

XRP/BTC 1H (Binance) On pennant & falling wedge support

Long
TradingOn Mis à jour   
BINANCE:XRPBTC   XRP / Bitcoin
Ripple brokedown the red triangle but is now on double support, let's scalp this possible bounce:

Buy Entry= 0.00002672 - 0.00002650
Take Profit= 0.00002752 | 0.00002799 | 0.00002847
Stop Loss= 0.00002570

Risk/Reward= 1:1 | 1:1.52 | 1:2.04
Expected Profit= 3.42% | 5.19% | 6.99%
Possible Loss= -3.42%

Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x | 3x | 5x
Trade fermée: cible de profit atteinte:
TP3 hit with 6.99% profit, but SL was reached first.
If you didn't use one (not recommended) or use a wider one, I hope you took nice profit.
If you got stopped before that, I had published another set-up lower and that small loss was more than compensated:

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.