Trade Idea: XRP SHORT
Opened 2025-10-16 16:05:41 · Valid until 2025-10-17 16:05:41 · Closed 2025-10-16 20:36:01 · Triggered 2025-10-16 18:17:01
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 2.50 Conf 75% Scalp hours
Entry 2.35000000
Stop 2.40000000
TP
2.30000000 / 2.28000000 / 2.25000000
Live 2.39000000
ROI
-1.70%
(vs entry)
Thesis and checks
Current market conditions suggest a short opportunity for XRP.
- 5m chart shows a bearish divergence, indicating potential price reversal.
- 15m chart has formed a descending triangle pattern, reinforcing the likelihood of a downward move.
Trade ideas are educational. Manage risk and position size.