Trade with the trend + Catching an uptrend of a resistance break

9 thg 4, 2020

XRPUSD's downtrend recently broken, we seem to be in an uptrend (or about to consolidate before heading back up again). Currently squeezing up this ascending triangle, hopeful to catch the breakout of resistance 0.2037. Setting up my stop loss below new support (previous low) and TP at next resistance (looking left we could have a decent push).