Hi everyone:
Ripple has completed its correctional phase, and is shaping up for another buy opportunity.
We can see price formed a larger continuation correction after a strong impulse phrase to the upside.
An Inverse Head and Shoulder pattern formed, and a confirmation breakout from the larger structure.
I would pay close attention now for this right shoulder to form into a continuation correction and look for the previous highs as a potential target.
Thank you
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.