2 to 5 Risk vs. Reward XRP "ALL OR NOTHING" CUP & HANDLE TRADE
Aktualisiert
XRP has formed a textbook cup-and-handle pattern on the hourly chart. It's currently working on forming the handle. I've placed what is known as a 'suicide' trade, meaning that if it fails, you lose everything you risked, but if it succeeds, you can make a fantastic profit.
I would generally never make a trade like this, as they are too risky. However, with the cup-and-handle formation identified, these moves tend to be a bit more predictable. Since I’ve gained over $1,700 in the past three trading days, I’m willing to take a little risk here.
Don’t follow my trades; come up with your own ideas. Don’t be a follower—be a trailblazer!
Good luck!
I would generally never make a trade like this, as they are too risky. However, with the cup-and-handle formation identified, these moves tend to be a bit more predictable. Since I’ve gained over $1,700 in the past three trading days, I’m willing to take a little risk here.
Don’t follow my trades; come up with your own ideas. Don’t be a follower—be a trailblazer!
Good luck!
Trade ist aktiv
Limit Buy Order filled on the Aug 21st, 7 a.m. hourly candle.
Kommentar
This trade is going very well thus far, and the price has broken out of the handle wedge. The handle may have to be adjusted a bit, assuming the price pulls back and chops around a bit, but overall it's looking very bullish here.Kommentar
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.