A few words using $XRP as an example about how I look at the market and create setups.

This range is selected on the 30M/1H timeframe. I always check ranges by moving to a higher timeframe, in this case, 4H. If you look at the chart, you can see that the price is indeed moving within a certain range, which is a positive sign.

Now, I see on the same chart that there is an S/D block marked by a gray box, and the price touched it before returning to the range. For me, interaction with OB or S/D blocks is always a key confirmation (a fresh example of this is the current $TIA trade). I just need additional confirmation in the form of a 1H candle closing within the range, which would further confirm that the price couldn’t break out of it.

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