Xrpusdt formed a ihead and shoulder pattern

4월 24일

Xrpusdt formed a ihead and shoulder pattern

Buy area
2.2-2.05

Targets are 2.37 tp 20%
2.6 tp 50% then move to breakeven
2.9 100%

Invalidation bellow the right shoulder
2.02

5월 2일

노트

Either manually close the trade if the price closes below 2.02, or set your stop-loss order below 2.02.

Pros of closing below: Prevents being stopped out by a liquidity sweep.
Cons of closing below: Results in a potentially higher loss.

Pros of a stop-loss below: Limits the risk to a precise amount.

Cons of a stop-loss below: Increases the possibility of being stopped out prematurely.

Can do both actually, stop limit half then stop manually half. So if liquidity sweep happens you still have your half.

5월 12일

액티브 트레이드

Tp 2 almost reached, you can take some profits now 50% total holdings, then move stop to break even.

5월 12일

노트

Target 2 reached

5월 17일

매매 수동청산

Formed a bearish h&s pattern in 1hr time frame.

May fall down to 2.05

5월 17일

노트

I will not wait to hit my breakeven price before i trail stop.