I am thinking of closing this Basket of trades today. I have longer-term trades on but this short term basket I want to take profits on. Bonds fell for 3 days even with dollar strength against the euro. 10-year yields breaking down.
I think today I’ll decide on the short term XRP trade (not my long term holdings). If it fails to make it through the upper level of the wedge then it gets closed and I’ll wait to buy at the bottom of the wedge. There is no news in the markets at all about XRP being traded again by Coinbase or other markets.
Final decision at 13:30 today on US Market open. If I close I’ll look to buy again at the bottom of trend channels. Markets are worried, and so am I.
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