Post
--Bearish
Nijas Trading Desk
·
--
Bearish$XRP the bullish momentum is fading out. Candles are becoming much smaller and smaller each time.
💰 If a bearish candle appear here at 1.300 - 1.335 Thats my signal for a short position / sell
The price bounced off from 1.258 and did a sharp V shape. Thats LIQUIDITY right there. Price is expected to sweep the liquidity from the previous low
🎯 So the Short arget will be at 1.2460
🛡️ Invalidation should be at avobe the previous high or the current high. If price breaks bove the previous high and hold strong in 4H TF this Short setup will become invalid. Invalidation is around (SL) 1.3480
This is not prediction. This is market analysis. Always DYOR
#xrp
💰 If a bearish candle appear here at 1.300 - 1.335 Thats my signal for a short position / sell
The price bounced off from 1.258 and did a sharp V shape. Thats LIQUIDITY right there. Price is expected to sweep the liquidity from the previous low
🎯 So the Short arget will be at 1.2460
🛡️ Invalidation should be at avobe the previous high or the current high. If price breaks bove the previous high and hold strong in 4H TF this Short setup will become invalid. Invalidation is around (SL) 1.3480
This is not prediction. This is market analysis. Always DYOR
#xrp