XVS had a 10% slide over about 5 days, and that leg is what I measure everything against. That break of 3.363 was small (0.7%) and it came straight back inside. Looks like a failed breakout to me. In at 3.386, out at 3.338 if the fresh low goes, 3.503 if the inducement gets taken. That works out to 1:2.44. The stop stays where it is, I won't be moving it.

🟢 $XVS Long
Entry 3.386 | Stop 3.338 | TP 3.503
Manage your own risk.