TorayKortan
Long

XRP Anticipated Trendline Retest Complete - Long Position Active

BITFINEX:XRPUSD   XRP / U.S. Dollar
7222 views
123
Trendline was met within 6 hours of posting the setup this morning.

Price successfully hit the trendline with absolute precision and reversed. As stated in the prior idea, my long position was entered with a 30pip stop targeting the $0.3400 region.

Hopefully, if you were patient you managed to catch the move as well!

Price is currently up around 60 pips and holding off the $0.3300 resistance well for now, allowing me to put my stop at breakeven for a risk free trade. As per with XRP, a correction is very likely hence the stop loss movement.

Should we retest the trendline I will double up on my position.

All we need now is a clean break of $0.3300 and target should be met with relative ease.

Great day on the crypto side of trading!
Trade closed: target reached: Closed 80% of the trade with a very tight stop loss.

Great result! Letting trade run risk free now :)
Trade closed: target reached

Comments

what broker do you use for trading XRP o MetaTrader?
+27 Reply
Yo Toray bro can you change your settings so you dont just post in uk-tradingview? Im not getting notified on your trades because of it I think. Much love
+11 Reply
@Aromur, same is like a different website even my config and layout is different because I have to go to uk trending view to see his posts
+2 Reply
@Aromur, Hey bro any idea how I can do this!?
+6 Reply
DACapitalTrading TorayKortan
@TorayKortan, At the top of tradingview you need to change your language from english (uk) to normal english.
+2 Reply
TorayKortan DACapitalTrading
@DACapitalTrading, Done. Thanks a lot :)
+5 Reply
Bullandbeartrading DACapitalTrading
@DACapitalTrading, hello DAC.
Reply
Exceptional trade! Although I missed it, after going back, my own analysis matched up perfectly with yours! There's no better feeling than when my Crypto charts match Toray and my FX charts match Shaun. Thank you for all your hard work and dedication in putting out this content. I hope that one day I can do something to thank you and give back!
+5 Reply
Beautiful mate
+4 Reply
TorayKortan WizardSuri
@WizardSuri, Thank you mate! Hope you managed to catch it
+1 Reply
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