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XRPUSD 30M RSI 80-20 REVERSAL TRADING STRATEGY

Short
XRP (BITFINEX:XRPUSD)  
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BITFINEX:XRPUSD   XRP
Chart Patterns Technical Indicators Relative Strength Index (RSI) breakouttrading Divergence sellstop takeprofit resistence ripple xrpusd
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chartpattern indicator relativestrengthindex breakouttrading divergence sellstop takeprofit resistence ripple xrpusd
Rules for RSI 80-20 Reversal Strategy on chart
Short Confirmations -
Divergence
Price stretched away above 50 sma
Macd Overbought & crossed below Red line
RSI Overbought and falling
Commentaire:
Market timing on this pair was wrong - 2 other possible short trades
snapshot
Commentaire:
I had a buy stop and sell stop. Buy hit and take profit was made. Now I am watching for a morning star reversal bearish candle pattern to form and i will make another buy stop above previous take profit level.
snapshot
Commentaire:
Morning star candle pattern formed for sell
snapshot
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