Ripple Best Short Opportunity
Price is trading within a channel and at a major resistance zone. Check your daily timeframe to see it clearly. We also have the 50ema on the 4hr providing strong support. Head and Shoulders pattern as you can see is almost complete. Short when price breaks channel + head and shoulders neckline + 50ema for a good setup. RSI also has a flag pattern for extra confluence.
3:1 R
3:1 R
Trade active
Structure broken, now we see a possible retest pattern for scaling in or adding a conservative entry with a tighter stop.
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