š¢ $XRP ā Scalping Setup
Market Structure:
Clean CHoCH followed by BOS, confirming a short-term trend shift.
Price retraced into a well-defined demand zone, showing bullish rejection wicks and bullish engulfing on re-entry.
š© Entry Zone: 2.146 (Demand Retest)
šÆ Take Profit Targets:
TP1: 2.152 (micro supply / reaction high)
TP2: 2.155 (continuation target based on FVG fill)
ā Stop Loss: 2.143 (just under demand + bullish engulfing invalidation)
š Risk-Reward: 1:2.5+
š Confirmation: Wick rejections, bullish engulfing, increasing volume
š§ Commentary:
Weāre playing a micro structural flip on 1m. Demand is respected and protected by CHoCH + BOS. Stop is tight for optimal RR. Entry aligned with refined OB and imbalance fill.