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!
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.
- 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.
Comment:
Just forgot to add the RRR value to TP3 line on chart. Yes it's 7.3 as stated in the description.
Trade active:
Order filled ✔️
Trade closed: stop reached:
SL hit 🛑
