🟢Briefly on XRP🟢
🟢Going LONG
🟢A perfectly read movement, where we got an inversion of the short FVG with a subsequent breakdown of the structure. Those who took up a position - you can fix part of it
Everyone with a profit!
🟢(Below I will duplicate yesterday's data on the setup)🟢
🟢A strong signal to open a long position will be an inversion of the short FVG + consolidation above the $2.63 mark. In this case, we will get a breakdown of the local downward trend and we can consider long positions to continue the trend
The target of the position will be the compression of liquidity higher, up to the $2.835 mark. The power reserve is more than 9% of the net movement
🟢 Analysis of the current situation:
On 1h TF we see how the price moves in a local downward trend and at night we received FF 4h FVG, after which the buyer reacted and formed an ascending OF.