XRPUSD (Signal) - Caught In A Correction

After the recent surge in price, XRPUSD is offering us a good short opportunity to the next support, located at the $0.70 level.
In this setup i am using

• VPVR: Spot the resistance for a high entry
  
• Bollinger Bands: Reassuring my entry at the MA, which acts as a resistance in the current trend
  
• Pivots (Auto): Spot Resistance & Support based on trading volume. Gives you an idea about where to close the short position.
  

Let's see how this goes!
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Cheers,
Ares

Yorum:

Check out my Bollinger Bands strategy

07:45

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Well... gg :-D