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Trade Idea: XRP SHORT

Opened 2025-10-10 21:20:47 · Valid until 2025-10-11 21:20:47 · Closed 2025-10-10 21:23:01 · Triggered 2025-10-10 21:23:01
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 2.00 Conf 75% Scalp hours
Entry 2.20000000
Stop 2.25000000
TP 2.15000000 / 2.10000000 / 2.05000000
Live 2.41000000
ROI -9.55% (vs entry)

Thesis and checks

Given the current bearish trend in XRP, a short position is favored.

  • The 5m chart shows a clear downtrend with lower highs and lower lows.
  • The 15m chart has formed a bearish flag pattern, indicating a continuation of the downward movement.

Trade ideas are educational. Manage risk and position size.