Watch for this head and shoulders opportunity on the 4HR XRPUSD pair!
The red line is confirmation/trigger of the pattern with targets at 31 cents and 28 cents respectively. The idea becomes invalidated above 38 cents.
Be cautious of the support at 34 cents which could prompt a fakeout!
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
The red line is confirmation/trigger of the pattern with targets at 31 cents and 28 cents respectively. The idea becomes invalidated above 38 cents.
Be cautious of the support at 34 cents which could prompt a fakeout!
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
Note
Breakout!Note
We bounced at support but now we gonna try again..Note
Trade closed: target reached
Min tp reached!Note
Next wave down?Note
YES!Trade closed: target reached
GG!
Related publications
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.
Related publications
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.