Trade Idea: XRP SHORT
Opened 2025-10-10 21:50:39 · Valid until 2025-10-11 21:50:39 · Closed 2025-10-10 22:13:01 · Triggered 2025-10-10 22:08:02
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 2.30000000
Stop 2.35000000
TP
2.25000000 / 2.20000000 / 2.15000000
Live 2.41000000
ROI
-4.78%
(vs entry)
Thesis and checks
The current price of XRP shows a significant downtrend, making a short scalp trade a favorable option.
- 5m chart indicates a bearish engulfing pattern, suggesting strong selling pressure.
- 1h RSI is above 70, indicating overbought conditions and potential for a reversal.
Trade ideas are educational. Manage risk and position size.