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XRP short with 95% win rate, dare to follow?
$XRP /USDT - SHORT
Trading Plan:
Entry: 1.1278 – 1.1320
SL: 1.1503
TP1: 1.1146
TP2: 1.1045
TP3: 1.0892
Why focus on this structure?
- Bearish on the 4H timeframe, 1D trend clearly downward, current price 1.1299 is the entry point.
- RSI 15m only 55.69, not overbought, plenty of room for shorts.
- TP1 1.1146, TP2 1.1045, stop loss set at 1.1503, favorable risk-reward ratio.
- ATR 1h 0.00848, moderate volatility, suitable for short-term trading.
Discussion:
Will it hit TP2 first, or is it a bear trap?