✅ XRP long trade set-up.
Chart Description
Overall Trend:
The market was bearish, but price is now showing signs of short-term reversal.
Support Zone (Lower Green Box):
Price formed a double bottom / strong rejection from this demand zone. Buyers stepped in strongly here.
Resistance Zone (Upper Green Box):
This area is a key resistance / supply zone around 1.90 – 1.91.
Price has been rejected from this zone before.
White Horizontal Line:
This is a key intraday support / balance level. Price is currently holding above it, which is bullish short term.
Price Action Structure:
Higher low formed after the demand zone
Bullish impulse move upward
Small pullback and consolidation → bullish continuation setup
Blue Arrow:
Indicates a possible breakout move if resistance is broken.
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Trade Setup (Educational Example)
✅ Buy Setup (Bullish Scenario)
Entry (Option 1 – Safer):
Buy after a clean breakout and close above 1.905 – 1.910 on 15m
Entry (Option 2 – Aggressive):
Buy near 1.88 – 1.89 if price holds above the white line
Stop Loss:
Below demand zone → 1.84 – 1.85
Targets:
TP1: 1.92
TP2: 1.95
TP3: 1.98 – 2.00
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