2invh&s acting like Russian nesting dolls on XRPUSD chart
Now that xrp has chosen to consolidate here for a few days it gives the chance for the potential blue inv h&s possiblity to form a right shoulder here, so I thought it was worth including, The smaller purple inner inverse head and shoulders patter is definitely legit and should have its breakout confirmed as soon as xrp has it’s next move to the upside. *not financial advice*
Note
Xrp price acto has already broken above the top trendline, so the blue inverse h&s pattern is more valid o the 4hr chart tha the 1day chart.
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