Technical analysis by mconqueror17 about Symbol XRP: Sell recommendation (12/12/2024)

overall sentiment is bearish, we displaced and shifted structure on imporant lows on htf (see Daily displacement), opening a position after seeing price reject from the 2nd contact with equallibrium of the daily bearish fvg at 15min displacement fvg, my sl is located at the equallibrium of the 4h bearish fvg, targeting previous daily low which aligns nicely with 4h bullish fvg so that is a very nice goal setting for me, also I will book profits based of the 1htf lows which could be also set with fib retracement tool to be precise from the goal price to the recent swing high and these levels align nicely with my partial TP levels.always DYOR and do not overleveragealso I´m open to any criticismGlHIT TP 1 & TP 2 closed AT BE