I'm in this trade.
Will probably get stopped out, that's usually my main problem.
Anyway, reason to trade:
R is higher than 15.
Inside massive triangle and I bet it will break upward. XRPUSD have an history of breaking hard.
XRPBTC RSI is oversold on the Daily and it has break the descending triangle downward, I suspect a trap.
Risk is 5% of my account.
I will re-enter if I get stopped, IDGAF because I only have 1000$ on this trade so I'm only risking 50$.
Will probably get stopped out, that's usually my main problem.
Anyway, reason to trade:
R is higher than 15.
Inside massive triangle and I bet it will break upward. XRPUSD have an history of breaking hard.
XRPBTC RSI is oversold on the Daily and it has break the descending triangle downward, I suspect a trap.
Risk is 5% of my account.
I will re-enter if I get stopped, IDGAF because I only have 1000$ on this trade so I'm only risking 50$.
Trade closed: stop reached:
As always
Trade active:
Re-entered with a lower stop because I like to loose moneh
Trade active:
Patience is all weed need, and the one thing we all lack.
I'm keeping this long open because of what I see with XRPBTC.
See trade 14 for reference
I'm keeping this long open because of what I see with XRPBTC.
See trade 14 for reference