Trade Idea: XRP SHORT

Opened 2026-05-02 16:00:36 · Valid until 2026-05-03 16:00:36 · Triggered 2026-05-03 01:39:01 · Closed 2026-05-03 01:39:01

How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.

SHORT CLOSED RR 1.60 Conf 75% Scalp 30-60 minutes

Entry

1.39000000

Stop

1.39500000

Targets

1.38200000 / 1.37500000 / 1.36800000

Live price

1.18000000

Live ROI

15.11% vs entry

Idea ID

#11149

Now Entry Stop TP

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Thesis and checks

Immediate short scalp opportunity on XRP due to slight bearish momentum and chart structure on lower timeframes.

Confluence 1: On the 1m and 5m charts, price shows a lower high formation near current price, indicating short-term selling pressure.
Confluence 2: The 15m chart reveals resistance around 1.395 with a recent rejection candle, supporting a short entry near current price.
Stop loss placed just above recent resistance at 1.395 to limit risk.
Targets set at minor support levels identified on 1m and 5m charts for quick profit taking.
Risk-reward ratio above 1.4 aligns with fast scalp criteria.

Trade ideas are educational. Manage risk and position size.