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Trading Journal – XRP/USDⓈ

December 1, 2018

XRP/USDⓈ 15m on Binance.

Trade Details

Avg. Entry: $0.35882
Avg. Exit: $0.37585
P/L: +4.75%

Reason(s) for Entry

  • Multiple support tests at ~$0.358.
  • Bullish divergence with flat price action and ascending RSI.
  • Bearish volume drop off.

Reason(s) for Exit

  • 5-wave structure complete.
  • Multiple resistance tests at ~$0.375.
  • Bearish divergence with higher price and lower RSI.

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