$XRP Short | Est. PNL +3.6%
Rejection At Range High
ENTER 1.279 - 1.284 USD
TARGET 1.236 USD (range low)
STOP 4H close above 1.299 USD
R:R 1 : 2.6
Est. PNL to target: +3.6% | to invalidation: -1.5% (price move from 1.280 USD, before fees and leverage)
SETUP LOGIC
▪️ Price is testing the 20-candle swing high
▪️ 4H RSI 61.7 (neutral), EMA 20 is below EMA 50
A 4H close above 1.299 USD cancels the idea. Chart idea only, not a position I hold.
Would you take this one, wait for more, or stay out? Tell us why below.
Not financial advice. Always DYOR.
Like & Follow for Daily Trade Analytics & Insider News. @MistralAK
#XRP #Breakout #TradingSignals
Rejection At Range High
ENTER 1.279 - 1.284 USD
TARGET 1.236 USD (range low)
STOP 4H close above 1.299 USD
R:R 1 : 2.6
Est. PNL to target: +3.6% | to invalidation: -1.5% (price move from 1.280 USD, before fees and leverage)
SETUP LOGIC
▪️ Price is testing the 20-candle swing high
▪️ 4H RSI 61.7 (neutral), EMA 20 is below EMA 50
A 4H close above 1.299 USD cancels the idea. Chart idea only, not a position I hold.
Would you take this one, wait for more, or stay out? Tell us why below.
Not financial advice. Always DYOR.
Like & Follow for Daily Trade Analytics & Insider News. @MistralAK
#XRP #Breakout #TradingSignals
