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XRPUSD H4: BUY NOW BOUNCE / SHORT LATER 18%/32% gains(SL/TP)(NEW

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XRPUSD H4: BUY NOW BOUNCE / SHORT LATER 18%/32% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: XRPUSD H4 chart review/outlook
::: price contained within BEAR channel
::: nice measured cycles previously
::: HOWEVER expecting bounce from accumulation
::: bullish setup may provide short-term
::: relief for bulls and a DECENT BOUNCE
::: TP bulls on the bounce: 18% gains
::: BUY/HOLD exit near 28/29 cents
::: target based on measured move projection
::: this is still a somewhat risky trade
::: because it's counter-trend (DOWNTREND)
::: BUT worth a shot - just use SL below recent lows
::: recommended strategy: MARKET BUY / BUY SHALLOW DIPS
::: TP BULLS is 28/29 cents on the BOUNCE
::: later BEARS will likely take over
::: so you can look to short IT from 28/29 cents
::: stay tuned for more updates
::: good luck traders!
::: and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS/BOUNCE
::: Sentiment outlook short-term: BULLS

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