FX_Professor

XRP- Volatility alert (Volatility creates risk and opportunity)

BITSTAMP:XRPUSD   ريبيل
XRP has offered us tremendous opportunities to buy and sell and buy with amazing profits. One thing in common is we always study the chart and the first thing we need to identify is VOLATILITY.

After yesterday dip (which we bought nicely and had profits) we are now coming closer to a new round of expected volatility, thus find our updated new chart and beware:

THE 0.40 is as far away as the unchecked 0.40!

We still remain Bullyish and we keep currently a 62% buy 38% sell probability (and positions).

We have cashed profits again yesterday and took profits from 0.50 (we try to keep our best position(s) open and take profit on the second, third, fourth and so one. Yesterday alone we compounded and took profit on 18 positions in total but now is time to go back to keeping our balance and our sell positions are back to create the right equilibrium in our margin, exposure, risk management.

So be aware because there will be opportunities again, to buy or to sell nobody knows but most likely we think it will be a dip and then a time to buy again.

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