Invalidation & Execution Tips
• Short setup canceled: Close 1m above 1.5590 (reclaim EMA9 + EMA21) or break above the previous higher high.
• Long setup canceled: Close below 1.5475 with a large red body.
• Entry tips:
• Short → prefer a limit order at 1.5560–1.5570 + wait for a rejection candle.
• Long → wait for clear confirmation (don’t catch a falling knife); enter after a green close above 1.5510.
• Maximum holding time: 5–20 minutes. If short doesn’t hit TP1 within 12–15 minutes, trail or cut.
• Risk management: Max 0.5% of account risk per trade. Extremely oversold → don’t over-leverage a short.
Quick takeaway: Bearish bias while price is below EMA9. Wait for a retest at 1.5555–1.5575 for a short entry with a good R:R. Go long only if there’s a strong rejection at 1.5480–1.5500 + divergence. Focus on 1m & 3m; don’t fight sell momentum that’s still running. #xrp
• Short setup canceled: Close 1m above 1.5590 (reclaim EMA9 + EMA21) or break above the previous higher high.
• Long setup canceled: Close below 1.5475 with a large red body.
• Entry tips:
• Short → prefer a limit order at 1.5560–1.5570 + wait for a rejection candle.
• Long → wait for clear confirmation (don’t catch a falling knife); enter after a green close above 1.5510.
• Maximum holding time: 5–20 minutes. If short doesn’t hit TP1 within 12–15 minutes, trail or cut.
• Risk management: Max 0.5% of account risk per trade. Extremely oversold → don’t over-leverage a short.
Quick takeaway: Bearish bias while price is below EMA9. Wait for a retest at 1.5555–1.5575 for a short entry with a good R:R. Go long only if there’s a strong rejection at 1.5480–1.5500 + divergence. Focus on 1m & 3m; don’t fight sell momentum that’s still running. #xrp
