XRP / Tether

XRP/USDT SMASHED Through Daily Buyside

83
Here is my thought process:


  • I saw that previous buyside liquidity has already been swept.
  • Wanted to see where price is likely to draw to next.
  • Zoomed out on the Daily time frame and saw this clear buyside liquidity waving at me.
  • Now my bias is bullish.
  • Dropped down to the Hourly time frame and saw this GORGEOUS spring action move with a clear order block created that broke market structure higher, closed above the internal highs, AND created a clear imbalance.
  • Immediately placed a buy-limit order at the high of the hourly order block with stops set slightly below, and set my TP right about Daily buyside liquidity for a solid 2:1 RR


Did you catch the same trade?

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