UnknownUnicorn15190775

XRP - Drop It Low! Wash Rinse Rise!

Short
KRAKEN:XRPUSD   XRP
Picking up where I left off from my previous markup that I have attached

Taking a closer look on the Daily I am seeing some great price action

Target 1 - .3687

Target 2 - .1679

I have laid out a roadmap for Target 1 & Target 2

I am looking forward to XRP washing out the non-believers

I plan on goin ALL IN on XRP even below Target 2 but that level is a secret :)


Comment:
I shorted @ .4560

Target 1 Inbound
Comment:
SL HIT!!! Will look for re entry tomorrow (sun) or monday
Comment:
I wasn't able to catch my re entry on the short BUT I am glad my analysis is playing out :) Once we hit my targets I will do another follow up analysis for the BULL RUN
Comment:
With the daily close I will look to short xrp and will update with my entry

I believe that was a fake pump to trap traders long

They will retest with another pullback before dropping off
Comment:
I longed XRP @.5039 in the meantime while i wait for my short entry

They have extended the trap move a lot longer than expected but my target has NOT changed!

We are headed DOWN :)
Comment:
Closed my LONG from .5039 at 5739 for a 700 pip move to start the week
Comment:
TIMBER! LET THE PARTY BEGIN!!! WILL BE LOOKING TO ENTER SHORTS ON PULLBACKS ALL THE WAY DOWN :)
Comment:
Well it looks like XRP wanted to go back and trap traders LONG again so I will actually be looking for shorts on this pullback and will update with my entry

They may start the short over the weekend of they may hold until monday :)
Comment:
So while I wait for the short I decided to enter a LONG on XRP @ .54648 and will ride this up into the SHORT because I trade BOTH WAYS

From the looks of it could be a 500 pip move :)
Comment:
Added another LONG to XRP @ .55023 :)
Comment:
I am still HODLing my longs! I am looking to close them during london session or new york session.

I am going to SHORT once the setup appears
Comment:
TAKE PROFIT set @ .58644 the current daily high! Once my take profit is hit i will be looking for shorts :)
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