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Can you dare to follow an XRP short with a 95% win rate?
$XRP /USDT - Short SHORT
Trading plan:
Entry: 1.1047 – 1.1075
SL: 1.1192
TP1: 1.0963
TP2: 1.0897
TP3: 1.0799
Why focus on this structure?
- 4-hour timeframe confirms the bearish trend, and the daily chart is also bearish—two timeframes resonate together.
- RSI on the 15m is only 56.51; rebounds lack strength, and bearish momentum hasn’t been released.
- Current price is 1.1061, right under EMA resistance—an ideal entry point.
- TP1: 1.0963, TP2: 1.0897; the risk-reward ratio is better than most long setups.
Discussion:
Will this leg reach TP2 first, or is it a stop-hunt rebound? Which side are you on?