XRP triangle breakout 📐

21. Dez. 2021

Ripple is breaking out of this local range up and I think it will also break up this triangle📐later on. Then there would be a chance for run to 2.29 and even higher. Setting BUY LIMIT order to catch the pullback.❌R P come on!

• ENTRY: local high @ 0.9361
  
• STOPLOSS (SL): local low @ 0.7601
  
• TARGETS (TP): TP1 - resistance @ 1.41 | TP2 - resistance @ 1.70 | TP3 - resistance @ 2.22 right below of the projection (height of the triangle projected from midpoint of the local range (BUY LIMIT - SL))
  
• REWARD RISK RATIO (RRR): TP1 - 2.7 | TP2 - 4.3 | TP3 - 7.3
  
• INVALIDATION: when SL level hit
  

Will the history repeat itself? 👇

Check my other stuff in related ideas.

Please like👍, comment🗣️, follow me✒️, enjoy📺!

⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.

21. Dez. 2021

Anmerkung

Just forgot to add the RRR value to TP3 line on chart. Yes it's 7.3 as stated in the description.

22. Dez. 2021

Trade ist aktiv

Order filled ✔️

6. Jan. 2022

Trade geschlossen: Stop wurde erreicht

SL hit 🛑