Trade Idea: XRP SHORT
Opened 2025-10-17 07:35:39 · Valid until 2025-10-18 07:35:39 · Closed 2025-10-17 10:27:01 · Triggered 2025-10-17 07:38:01
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 1.75 Conf 75% Scalp hours
Entry 2.25000000
Stop 2.35000000
TP
2.20000000 / 2.15000000 / 2.10000000
Live 2.40000000
ROI
-6.67%
(vs entry)
Thesis and checks
The current market conditions for XRP suggest a short opportunity based on recent price action and technical indicators.
- 5m Chart: A bearish engulfing pattern has formed, indicating potential downward momentum.
- 15m Chart: The RSI is showing overbought conditions, suggesting a reversal is likely.
Trade ideas are educational. Manage risk and position size.