As many of you who have been following me have known I've been stalking ripple for a few days now.
Providing this chart remains similar to what it is, I'll be raising orders for XRP/USD to the upside using the "crypto cradle" strategy.
We have the price that's pulled back to the 61.8% fib level, a small bullish candle in the cradle zone, as well as convergence and trade direction on the daily chart.
Even though this set up looks really good to me I'm remaining cautious and minimising my risk to 0.5% of my portfolio for this trade.
If you're interesting in learning the methods I use to trade, visit www.tradercobb.com :)
Peace, and happy trading.
Providing this chart remains similar to what it is, I'll be raising orders for XRP/USD to the upside using the "crypto cradle" strategy.
We have the price that's pulled back to the 61.8% fib level, a small bullish candle in the cradle zone, as well as convergence and trade direction on the daily chart.
Even though this set up looks really good to me I'm remaining cautious and minimising my risk to 0.5% of my portfolio for this trade.
If you're interesting in learning the methods I use to trade, visit www.tradercobb.com :)
Peace, and happy trading.
Trade active:
Trade is active and my first target was hit.