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Trade Idea: XRP SHORT

Opened 2025-10-07 14:25:46 · Valid until 2025-10-08 14:25:46 · Closed 2025-10-07 23:42:02 · Triggered 2025-10-07 15:37:01
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
SHORT CLOSED RR 1.80 Conf 75% Scalp hours
Entry 2.90000000
Stop 2.95000000
TP 2.85000000 / 2.80000000 / 2.75000000
Live 2.41000000
ROI 16.90% (vs entry)

Thesis and checks

Considering the current bearish sentiment in XRP, a short scalp trade is recommended.

  • The 5m chart shows a bearish divergence, indicating a potential price drop.
  • The 15m chart has formed a descending triangle pattern, suggesting continued downward pressure.

Trade ideas are educational. Manage risk and position size.