#xrp ๐จ XRP: $1.29 โ A LIQUIDITY HUNT IS APPROACHING!
XRP recovered from $1.2420 and is now attacking Buy-Side Liquidity. The next area of interest is $1.2885โ1.2915. But buying right before resistance is not the best idea.
๐ Main scenario: LONG
POI: $1.2760โ1.2800
Projected parameters:
Entry: $1.2760โ1.2800 (only after M5 confirmation)
SL: $1.2680
TP1: $1.2885
TP2: $1.2915
RR: approximately 1:1โ1:1.9, depending on the actual Entry.
Condition: SSL Sweep โ MSS โ Displacement โ FVG/IFVG Retest on M5.
๐ป PLAN B โ SHORT
If XRP sweeps BSL at $1.2885โ1.2915 and forms a bearish MSS on M5:
Entry: after a confirmed FVG/IFVG retest
SL: above the actual Sweep High
TP1: $1.2800
TP2: $1.2760
TP3: $1.2692
โ ๏ธ INVALIDATION: an H1 close below $1.2692 will weaken the bullish intraday narrative.
๐ฏ My plan: WAIT. Don't chase the price. Liquidity first, then structural confirmationโand only after that, Entry.
Which RAID will we see first: BSL or a continuation LONG?
#XRP #XRPUSDT #CryptoTrading #Liquidity #TradingPlan
$XRP
$BNB
$QNT
XRP recovered from $1.2420 and is now attacking Buy-Side Liquidity. The next area of interest is $1.2885โ1.2915. But buying right before resistance is not the best idea.
๐ Main scenario: LONG
POI: $1.2760โ1.2800
Projected parameters:
Entry: $1.2760โ1.2800 (only after M5 confirmation)
SL: $1.2680
TP1: $1.2885
TP2: $1.2915
RR: approximately 1:1โ1:1.9, depending on the actual Entry.
Condition: SSL Sweep โ MSS โ Displacement โ FVG/IFVG Retest on M5.
๐ป PLAN B โ SHORT
If XRP sweeps BSL at $1.2885โ1.2915 and forms a bearish MSS on M5:
Entry: after a confirmed FVG/IFVG retest
SL: above the actual Sweep High
TP1: $1.2800
TP2: $1.2760
TP3: $1.2692
โ ๏ธ INVALIDATION: an H1 close below $1.2692 will weaken the bullish intraday narrative.
๐ฏ My plan: WAIT. Don't chase the price. Liquidity first, then structural confirmationโand only after that, Entry.
Which RAID will we see first: BSL or a continuation LONG?
#XRP #XRPUSDT #CryptoTrading #Liquidity #TradingPlan
$XRP
$BNB
$QNT
