XRPUSD (4H) - Bearish wave LTF

Hi Traders

XRPUSD (4H Timeframe)

A high probability, entry signal to go SHORT will be given with the downward break of 0.5099 after the market found resistance at 0.5190. Only the upward break of 0.5190 would cancel the bearish scenario.

Trade details

Entry: 0.5099
Stop loss: 0.5190
Take profit 1: 0.4181
Take profit 2: 0.4588

Score: 8
Strategy: Bearish wave LTF